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Biomedical Journal of Scientific & Technical Research

September, 2020, Volume 30, 3, pp 23455-23457

Opinion

Opinion

Medical Cost of COVID19 Care in Colombia

Luis Enrique Gonzalez Duran*

Author Affiliations

Technical Reserves Advisor, Chile

Received: September 01, 2020 | Published: September 17, 2020

Corresponding author: Luis Enrique Gonzalez Duran, Technical Reserves Advisor, Chile

DOI: 10.26717/BJSTR.2020.30.004964

Opinion

Colombia is one of the Latin American countries that has put everything, from the economic and logistical aspects, to provide well-being and health to its inhabitants. This care has compromised the entire health system, from level I to level IV, in public and private institutions, EPS, IPS, Compensation Funds and other entities that make up the system, yes, the economic effort of the state is noticeable . The analysis of the economic effort of the Colombian health system will be analyzed in this document, taking July 04 as the cut-off date.To give an idea of the medical cost that the Colombian health system has assumed, we could start with newborns, according to the data published by the INS, a total of 109 newborns have been attended from March 1 to July 4, infected with a total medical cost of $ 27.239.790 us, with a number of bed days occupied in the Neonatal ICU area of 10.16 days.The summary of medical cost for the other age groups will be illustrated belowTable1:The total medical cost that COVID19 has produced in Colombia, an estimated value is $ 19.050.561.706 Us, from March 1 to July 4. What can be deduced from table No 1 is that the greatest economic effort is being implemented in the age groups above 50 to 59 (included). For the last age group, the medical cost cost the system almost one billion pesos. Let’s observe in a graph(Graphs 1 and 2):

Table 1: Medical cost ratio (estimated) COVID19 Vs Age Group. Own elaboration.

Graph No 1: Distribution of the COVID19 medical cost by age group. Own Elaboration.

Graph No 2: Distribution of the COVID19 medical cost by age group. Own Elaboration.

The following aspects should be noted:
1. Data on mild and moderate patients were not taken, since the vast majority were not hospitalized.
2. This medical cost is representing 6% of Colombia’s GDP in 2019, with an aggravating factor, this cost is estimated for the quarter from March 1 to July 4, 2020.
3. If the EPS were to pool their technical reserves, it would barely be enough to cover 14% (estimated Vr.) Of the current medical cost.
4. It should be noted that here in these $ 19.050.561.706 Us of medical costs, the costs of purchasing ventilators or supplies that the Ministry of Health gave to its IPS network in the country are not included.
5. The hospital cost was taken from resolution 914 of 2020, there the prices to be paid by the EPS to the IPS are defined.
This document has estimated values, that is, they are values that could be given from mathematical analysis. This document was analyzed and constructed with the daily results published on the portal of the National Institute of Health of Colombia between the period March 1 to July 4, 2020.

Opinion

Medical Cost of COVID19 Care in Colombia

Luis Enrique Gonzalez Duran*

Author Affiliations

Technical Reserves Advisor, Chile

Received: September 01, 2020 | Published: September 17, 2020

Corresponding author: Luis Enrique Gonzalez Duran, Technical Reserves Advisor, Chile

DOI: 10.26717/BJSTR.2020.30.004964

Abstract

Colombia is one of the Latin American countries that has put everything, from the economic and logistical aspects, to provide well-being and health to its inhabitants. This care has compromised the entire health system, from level I to level IV, in public and private institutions, EPS, IPS, Compensation Funds and other entities that make up the system, yes, the economic effort of the state is noticeable . The analysis of the economic effort of the Colombian health system will be analyzed in this document, taking July 04 as the cut-off date.To give an idea of the medical cost that the Colombian health system has assumed