Petro puts the health system in check again with the announcement of liquidating all bankrupt EPS

Five months left for President Gustavo Petro's government will seem like an eternity for the health system. The president's most recent announcement in this regard jeopardizes the future of at least 24 million users. According to him, the health promoting entities (EPS) that are bankrupt will be liquidated.

Petro puts the health system in check again with the announcement of liquidating all bankrupt EPS

TL;DR

  • President Petro plans to liquidate EPS deemed 'bankrupt', potentially affecting 24 million users.
  • The term 'bankrupt' is not legally defined for EPS, leading to concerns about subjective interpretation.
  • Liquidating EPS could leave healthcare providers and pharmaceutical managers with unrecoverable debts.
  • Eight EPS are currently under government intervention, managing 22 million Colombians.
  • Financial instability and a low Unit of Payment per Capitation (UPC) contribute to EPS's high spending.
  • Experts view the announcement as a political maneuver ahead of potential elections.
  • If an EPS is liquidated, users are legally guaranteed continued attention until transferred to another EPS, though administrative delays are common.