Analysis of the financial situation of the maximum budgets of the Health-Promoting Entities in Colombia

Martha Liliana Arias Bello, Oscar Espinosa, Jhonathan Rodríguez, Martha‐Liliana Arias

Research output: Contribution to journalArticlepeer-review

Abstract

Using a financial-actuarial approach, a formal methodological proposal is presented, using to estimate the loss ratio of the maximum budgets, an ex-ante financing mechanism for the health promoting entities (HPEs) of the contributory, and subsidized schemes of the General System of Social Security in Health in Colombia. Using public information from the financial statements of the HPEs, available on the website of the National Health Superintendency, the loss ratios for the years 2020 and 2021 were calculated. The results showed values above 150% for more than 40% of the HPEs analyzed. This generates a financial sustainability alert for the health sector regarding this specific mechanism. To ensure the efficiency of spending and guarantee the fundamental right to health of all inhabitants of the Colombian territory, it is proposed to invest more in the assessment of health technologies, use the cost-effectiveness threshold already estimated for Colombia, establish clinical guidelines for health technologies not included in the Capitation Payment Unit, and update the health benefit plan in a systematic, participatory, and clear manner for all strategic actors. © 2024 Policy Studies Organization.
Translated title of the contributionAnálisis de la situación financiera de los presupuestos máximos de las Entidades Promotoras de Salud en Colombia
Original languageEnglish
Pages (from-to)1-14
Number of pages14
JournalWorld Medical & Health Policy
Volume1
Issue number14
DOIs
StatePublished - 19 Sep 2024

Keywords

  • Colombia
  • Health-Promoting Entities
  • financial statements
  • loss ratio
  • maximum budgets

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