Colombia

Colombia’s Lower House has passed President Petro’s health-care reform, aiming to reduce the role of private insurers in favor of direct government payment to care providers. The bill, estimated to cost 53 tln pesos (USD 13 bln) through 2030, now progresses to the Senate for further debate. Amid legislative challenges, health insurers have raised concerns about insufficient government transfers and unpaid debts, which the government denies.