This report provides an in-depth discussion of healthcare sustainability challenges in Latin America, with a focus on Mexico and Colombia. Based on in-depth interviews of past and current government leaders, various win-win policy approaches involving the government and the private sector are explored, along with the ability of each approach to meet identified national healthcare sustainability challenges and support financially sustainable systems in Latin America.
Healthcare spending is often viewed as a necessary burden on government and private spending—something that must be managed carefully and whose growth must be restrained. However, healthcare spending also represents part of a country’s gross domestic product (GDP) and contributes to economic growth like any other sector. One can therefore view healthcare as a strategic sector whose growth and efficiency should be encouraged and where win-win approaches to promote healthcare sustainably through investment and GDP growth can be explored.
While access to healthcare has significantly increased in the last half-century in Latin American countries, these countries still face healthcare sustainability challenges. This report examines various global policy approaches that seek to achieve sustainability by improving efficiency or delivering economic growth and which involve partnerships between government and the private sector. In addition, the report prioritizes a set of approaches based on their likely impact and replicability in Latin America, and further assesses their relevance to meet specific sustainability challenges in Mexico and Colombia—two of the largest Latin American economies—based on in-depth interviews of past and current government leaders in health and finance. These approaches, which offer to increase growth and financial sustainability of the health system, can be used to inform future policies and programs in Colombia and Mexico, and can also be helpful for other countries in the region. Health industry and government officials working to make their countries’ health systems more sustainable and accessible may be able to leverage these approaches to harness the role of the health sector as a potential engine of GDP growth.
Over the past quarter-century, Latin America has made great strides in healthcare coverage
Mexico and Colombia face both shared and distinct healthcare challenges
GDP growth strategies offer opportunities for public and private actors to partner, innovate and implement win-win approaches