Supersalud Intervenes in SOS EPS: Latest Health Insurance Company to Face Government Takeover

2024-04-10 21:27:07

The National Health Superintendence intervened in another EPS: this time it was the turn of the insurance company Western Health Service (SOS), which operates in Valle del Cauca.

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The Supersalud measure will be to administer it and not to liquidate it, as in the case of Sanitas and Nueva EPS, which were intervened last week.

SOS has more than 750 thousand members: 565 thousand in the contributory regime and 184 thousand in the subsidized regime and is owned by a group of compensation funds: Comfandi, Comfamiliar Risaralda, Comfenalco Quindío and Confa.

This insurer has an important presence in the departments of Valle, Quindío, Risaralda and Cauca. So much so that in the Valley it has 282 thousand members and is the third with the largest number of members in that region.

Supersalud assures that SOS EPS had the highest claim rate in the last year in the country, with 436.3, followed by the Coosalud insurers, with 427.5; Compensar, with 427.5, and Famisanar, with 353.50.

SOS EPS was identified by the Comptroller General of the Nation as having liabilities of $746,346 million, as well as not meeting financial indicators and having a gap in investments of $634,000 million.

With this action, the Government continues with the takeover of the EPS through Supersalud, since the interventions are not to liquidate but to administer them.

Last week—in addition to the interventions to Sanitas and Nueva EPS—Compensar announced that it had requested the superintendency for total and voluntary liquidation as a result of the financial problems of the health system.

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