• Over half (51%) of those living with diabetes in the Philippines report a ‘severe’ or significant’ financial impact on their lives, with 89% unable to consistently afford the right care. 
• 81% of non-diabetics are either ‘very concerned’ or ‘concerned’ about the financial burden that would result from a type 2 diabetes diagnosis.
• 69% of diabetics report a negative impact on their mental health.
• Yet 40% of the population have never had blood sugar screening.

Manila, Philippines (November 2024) – New research by Sun Life Asia reveals the hidden cost of living with type 2 diabetes and the condition’s financial and mental health impacts, highlighting an urgent need for education, prevention, and access to care.

Sun Life’s survey, titled Healthy Habits, Healthier Futures: Preventing Diabetes in Asia, interviewed 3,647 people across Hong Kong SAR, Indonesia, Malaysia, the Philippines, Singapore, and Vietnam, about their awareness of diabetes risk factors, treatment and prevention. The survey included 600 people currently living with type 2 diabetes, providing an insight into life with the condition.

This follows an epidemic rise in diabetes cases in recent decades, with more than 540 million people living with the condition worldwide. More than 90 million of those are in Southeast Asia where the number of adults with diabetes is projected to soar to 152 million by 2045, presenting a serious public health challenge. Type 2 diabetes is the most common type of diabetes, accounting for around 90% of global cases.

The research reveals that despite soaring case numbers, few people are actively taking steps to lower their risk of developing diabetes or learn more about the condition and for those with diabetes, the impacts are not just physical.

Hidden financial and mental health impacts of type 2 diabetes

In addition to the physical cost of diabetes, the condition has a significant financial cost, preventing many people from accessing the right healthcare. Over half (51%) of those living with diabetes in the Philippines report a ‘severe’ or significant’ financial impact on their lives, with 89% unable to consistently afford the right care. 

Financial concerns about diabetes are even more prevalent than health-related concerns. 81% of non-diabetics are either ‘very concerned’ or ‘concerned’ about the financial burden that would result from a type 2 diabetes diagnosis, highlighting the need for the protection of health insurance.

The research also uncovered the hidden mental health impact of the disease, with 69% of diabetics reporting a negative impact on their mental health post-diagnosis.  This is compounded by social impacts experienced at home and at work; 69% of people with diabetes report feeling judged by family and friends after being diagnosed and 70% of diabetics have faced judgment or bias at work related to their condition.

Few people practice preventative measures

Diabetes risk continues to grow across Asia, but only 45% of Filipinos attend annual screenings for type 2 diabetes and 40% have never been screened, resulting in unexpected diagnoses and preventable cases.

Only a small minority consistently practice prevention measures such as maintaining a healthy diet, monitoring weight and blood sugar, and exercising regularly. One in ten people do not ensure their children eat a healthy diet, and 25% don’t encourage their children to exercise. 

Many people struggle to understand nutritional information. 30% find it difficult to identify hidden sugars and fats in their diet, while 24% struggle to understand the impacts of different foods on their blood sugar levels.

Regular exercise, healthy eating and early screening has the power to reduce diabetes risks but depends on improving awareness. Since 2012, Sun Life has committed over $53 million to fight against diabetes globally through strategic partnerships supporting the most vulnerable communities.

Through local partnerships with hospitals, medical institutes and foundations across the region, Sun Life is providing access to blood glucose screenings, nutrition advice and counselling, exercise programmes, diabetes care packages and local education programs for children, which can empower people to monitor their diabetes risks.

Physical inactivity is increasing diabetes risks

A decline in physical activity, compounded by a lack of safe exercise spaces, is increasing diabetes risks across Asia.  More than a quarter (27%) of respondents in the Philippines report decreased exercise over the past five years, with younger people more likely to report a decrease. Among those reporting insufficient exercise, 54% cited a lack of access to safe, quality exercise spaces in their local areas.

Having accessible exercise spaces is vital to keep people active, healthy, and engaged. Since 2023, Sun Life has partnered with social change foundation Beyond Sport to launch Hoops + Health, a community programme that inspires activity and healthy living through basketball by improving community access to courts and coaches across Asia. To date, Hoops + Health has helped more than 14,000 people in underprivileged communities to get active and enjoy sport.

Common myths prevail, underscoring the need for diabetes education

Diabetes is one of the most serious public health issues facing Asia, yet common myths about the condition prevail, mainly related to risk factors.

Nearly one in four people in the Philippines (23%) believe that type 2 diabetes only affects overweight individuals, 58% believe it is solely caused by excessive sugar consumption, and 65% think diabetes treatment always requires insulin injections.

The survey also found diabetics had a lack of risk awareness before their diagnosis. A total of 24% report they had a poor or very poor understanding of the condition prior to their diagnosis. Just under half of diabetics (45%) believed they were low risk or did not consider their risks at all before their diagnosis, while just 2% of diabetics believed they were high risk.

The findings show that misunderstandings about the risks and causes of diabetes can hinder prevention, early diagnosis, and treatment, making education on the topic essential.

Steven Ho, AVP, Medical Director, said: “Our research shows that it’s critical to address the notable knowledge gaps around diabetes – its risk factors, and the importance of early diagnosis and prevention. By promoting awareness and dispelling common myths, we can empower individuals to make informed health choices. Implementing preventative measures such as adopting healthier diets, engaging in regular exercise, and monitoring blood sugar levels, can significantly improve health outcomes and even lead to remission.”

Lack of understanding about type 2 diabetes treatment

Although there is no cure, medical professionals say many people can reverse diabetes within a year of diagnosis through positive lifestyle changes such as healthier food choices and more exercise. Adopting these lifestyle changes can maintain normal glucose levels without the need for insulin. However, there is limited awareness about the potential to reverse diabetes. Only 35% of Filipinos believe type 2 diabetes can be managed without medication.

Few diabetes sufferers are actively trying to reverse their condition. While 96% of diabetics believe remission is possible, most do not believe it is achievable within one year despite many medical professionals advising this is possible.

Awareness and Action

Empowering people to effectively manage their condition requires access to healthcare and medical advice, education on the latest management strategies, behavioural support for lifestyle changes, and accessible and affordable food and exercise options. 

Carla Gonzalez-Chong, Chief Client Experience and Marketing Officer at Sun Life Philippines said: “Sun Life strives to help Filipinos live healthier lives, and diabetes awareness and prevention are among our priorities. This is why we are once again collaborating with the Institute of Studies on Diabetes Foundation, Inc. to sustain efforts we have already started in the past years.

As part of the collaboration, Sun Life and ISDFI will visit various communities to hold nutrition counseling, fitness activities, and diabetes screening, engaging as many as a hundred residents per area. Meanwhile, in Sun Life Barangay Health Stations built in remote areas in partnership with Health Futures Foundation, Inc., Diabetes Corners remain active in providing residents with ample guidance about the disease.

“It is our hope that this will inspire more communities to make diabetes prevention a shared goal,” Gonzalez-Chong said. “Moreover, to help address the financial impacts of having this illness, our financial literacy advocacy continues, sharing ways to develop good financial habits, build the necessary funds, and be financially secure even while managing diabetes. This is our commitment.”

The executive summary of the Healthy Habits, Healthier Futures survey is available here: https://sunlife.co/HealthyHabitsHealthierFutures

Taguig City, 27 November 2024 – In a continued drive to bring financial protection closer to more Filipinos, Pru Life UK has once again expanded its presence with the opening of more general agency offices across key regions in the country. This expansion aims to bolster the company’s commitment to making life insurance accessible to every Filipino household.

Following the announcement of seven new offices last month, Pru Life UK is adding more branches this November, strategically positioning itself to meet the increasing demand for insurance coverage in both urban centers and provincial districts.

New general agency offices to serve key locations

Pru Life UK’s newly inaugurated offices function to complement the company’s expanded network of more than 39,000 digitally enabled financial advisors. While digital skills enable financial advisors to reach a broader range of clients, Pru Life UK’s physical offices allow the company to establish its presence in various local communities, thus offering a seamless experience that adapts to Filipino clients’ varying preferences.

The newly opened offices are located at the following addresses:

• Alpine Summit Life Insurance Agency Inc. Unit 3302A, 33rd Floor, Tektite Towers West Condominium, Exchange Rd., Ortigas Center, San Antonio, Pasig City

• First Global Summit Life Insurance Agency, Inc. Unit 2207, Jollibee Plaza Condominium, F. Ortigas Jr. Road, Ortigas Center, Pasig City

• Aspire Summit Life Insurance Agency, Inc. Unit 2504, Corporate Finance Plaza, Ruby and Topaz Road, Ortigas Center, Pasig City

• Black Orcas Summit Life Insurance Agency, Inc. Unit 2004, 20th Floor, Antel Global Corporate Center, Julia Vargas Avenue, Ortigas Center, Brgy. San Antonio, Pasig City

• CG Central Peak Ace Life Insurance Agency Corp. 3rd Floor, M.A.D.E. Building, Capistrano Street, Cagayan De Oro City

• Triumfante Insurance Agency 2/F, Grace Homes Builders Supply, Tinago, Legazpi City

Enhancing the Filipino insurance experience

Pru Life UK continues to push boundaries in delivering innovative insurance solutions to fit the evolving needs of Filipino families. The company is constantly expanding its product portfolio, including the recently launched PRUMillion Flex, a 2-year-pay investment-linked insurance with flexible payment modes.

With a firm grasp on its position as the leading life insurer in the Philippines, Pru Life UK aims to deepen its engagement with underserved communities by bridging the financial inclusion gap. Through these additional office openings, Pru Life UK hopes to provide individuals from various walks of life with greater access to insurance plans that secure their families and investments.

For more information, visit https://www.prulifeuk.com.ph/.