Health Insurer Exiting Colombia Public System Due to Financial Strain

Reported 4 months ago

One of Colombia’s major health insurers, EPS Sura, serving over 5 million people, announced its gradual withdrawal from the country’s public system to alleviate financial pressures. Facing net losses and potential further financial decline, the insurer will focus on serving clients in the private sector. This move comes after another health group was taken over by the government, sparking concerns among experts about the nation’s health system. President Gustavo Petro's administration, aiming to strengthen state intervention in various sectors, has faced opposition to its proposed healthcare reforms.

Source: YAHOO

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