President Petro Ordered Nueva EPS to Become Public, Health Minister Revealed

Colombia's Minister of Health, Guillermo Alfonso Jaramillo, revealed that the President of the Republic ordered the conversion of Nueva EPS into a public entity.

President Petro Ordered Nueva EPS to Become Public, Health Minister Revealed

TL;DR

  • President Petro has ordered the nationalization of Nueva EPS, Colombia's largest health insurer.
  • Nueva EPS has approximately 11.6 million affiliates and is currently under government intervention.
  • The entity has a mixed ownership structure with both public and private participation.
  • The Minister of Finance is instructed to secure funds for Nueva EPS as a state-owned entity.
  • A former Minister of Health criticized the move as an expropriation, questioning its legal viability.
  • The nationalization represents a significant shift in Colombia's health insurance model.