Insurance company Sura withdraws from Colombia's health system as government pushes for control

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Colombian insurance company Sura has announced that it will withdraw from the nation’s health system because the resources it receives from Colombia’s government to manage more than 5 million patients, are not enough to cover its growing costs

Colombian insurance company Sura announced on Tuesday that it will withdraw from the nation’s health system because the resources it receives from Colombia’s government to manage more than 5 million patients are not enough to cover its growing costs. Opposition leaders regretted the company’s decision and accused Colombia's first left wing government of trying to push private insurers out of the health care market in order to force Colombians to use publicly owned insurance companies.

But legislation required to reform Colombia’s health care structure has been rejected by Colombia’s congress amid concerns that Petro’s proposed reforms would give government bureaucrats too much power over health spending and could lead to mismanagement of resources by the Colombian state, which lacks the personnel and expertise to manage millions of health insurance accounts.

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Insurance company Sura withdraws from Colombia's health system as government pushes for controlColombian insurance company Sura has announced that it will withdraw from the nation’s health system because the resources it receives from Colombia’s government to manage more than 5 million patients, are not enough to cover its growing costs.
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