In terms of insurance benefits, the terms Podiatrist and Chiropodist mean the same and both are eligible for insurance coverage.
In Ontario, Chiropodists and Podiatrists are both regulated by the College of Chiropodists of Ontario to practice foot care. Both practitioners have the same regulated scope of practice in Ontario (defined by the Chiropody Act). The difference in the usage of the terms arises from where they obtained their education. In Ontario, Chiropody is used for the profession (similar to the U.K) as opposed to Podiatry which is used in the U.S. Both professionals undergo extensive theoretical and clinical education prior to registration with the College of Chiropodists (a minimum of 7-8 years of higher education).