In a blow to Colombia’s healthcare system, EPS Sura, a subsidiary of Grupo Sura, has requested permission from regulators to dismantle its health business. This news comes amidst ongoing challenges in the healthcare sector, including allegations of inadequate care provided by major insurers like Sanitas and Nueva EPS, which were taken over by the government last month.
President Gustavo Petro has expressed his disappointment over the rejection of his proposed health reform by a senate committee in April. Concerns about the financial stability of healthcare service providers have arisen as a result of this rejection, leading to fears of a domino effect that could lead to further bankruptcies.
EPS Sura reported significant net losses due to financial challenges within the healthcare system. Despite this decision, Grupo Sura reassured that it will not impact the conglomerate’s solvency or liquidity. President Petro has pledged to reintroduce the health reform proposal during the new session of Congress in July. He is also working on other key reforms related to pensions, labor, and education in Colombia.
The ongoing challenges facing the healthcare system and broader reform agenda highlight the complexities of Colombia’s current political and economic landscape. The country must find solutions to address these issues if it hopes to improve the quality of life for its citizens and ensure a sustainable future for generations to come.
