Financing of the healthcare system in Colombia: Sources and uses
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Abstract
This study evaluates the financing mechanisms of the healthcare system, differentiating between resources of fiscal, parafiscal, and other origins used primarily to cover the costs of the contributory and subsidized health regimes. In recent years, the sector has faced financial and administrative problems that have increased the need for fiscal resources for its financing and that could affect its sustainability. Regarding the composition of the outflow, it is worth noting the cost of ensuring the contributory and subsidized regime, which on average explains 80% of the total system expenses during the period 2011-2022. Additionally, pressures derived from non-UPC spending, the Covid-19 pandemic, Venezuelan migration, and expenses derived from the Point Final Law are also explained.
