Latin America must increase its investment in health to ensure universal and quality access

In Latin America, the average percentage of the public budget for health is 12.75%, half of what is allocated by the 38 countries that make up the Organization for Economic Cooperation and Development (OECD), which on average is 24.5%. 

Added to this reality is the fact that Latin America is more dependent on private spending on health, especially on out-of-pocket spending.

This goes against the reality of a population with a longer life expectancy that is going through a demographic and epidemiological transition, which urgently requires strategic prevention programs, as well as early access to innovative drugs that the pharmaceutical industry is working on or has already developed.