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The Cost of Vision Loss in Canada: Summary Report - CNIB

The Cost of Vision Loss in Canada: Summary Report - CNIB

The Cost of Vision Loss in Canada: Summary Report - CNIB

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Who Pays the <strong>Cost</strong>s?All <strong>of</strong> us pay the costs <strong>of</strong> vision loss.• <strong>The</strong> f<strong>in</strong>ancial costs break down as follows: <strong>in</strong>dividuals with vision loss ($3.5billion), family/friends ($474 million), federal government ($2.4 billion),prov<strong>in</strong>cial/territorial governments ($6.3 billion), employers ($141 million) andsociety/other ($3.0 billion).• <strong>The</strong> largest f<strong>in</strong>ancial costs come out <strong>of</strong> taxpayers’ pockets: federal and prov<strong>in</strong>cialgovernments bear 55.3% <strong>of</strong> the costs and “all <strong>of</strong> society” bears a further 18.7%.• Federal government costs are associated with taxation revenues foregone and thecost <strong>of</strong> adm<strong>in</strong>ister<strong>in</strong>g programs for people with vision loss. <strong>The</strong> majority <strong>of</strong>prov<strong>in</strong>cial costs are health system expenditures.• Individuals with vision loss <strong>in</strong>cur costs associated with lost productivity, healthcare, and devices and specialized equipment. <strong>The</strong> major cost for family/friendscomes from lost earn<strong>in</strong>gs associated with care giv<strong>in</strong>g. Employers’ largest costcomes from foregone productivity. <strong>Cost</strong>s for “all <strong>of</strong> society” come from healthsystem costs and adm<strong>in</strong>istration.• When the burden <strong>of</strong> disease is <strong>in</strong>cluded, the majority <strong>of</strong> costs (55.2%) are borneby <strong>in</strong>dividuals with vision loss.• For a full breakdown by type <strong>of</strong> cost and bearer, see Appendix B.<strong>The</strong> <strong>Cost</strong> <strong>of</strong> <strong>Vision</strong> <strong>Loss</strong> <strong>in</strong> <strong>Canada</strong>: <strong>Summary</strong> <strong>Report</strong>3

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