Through a series of government moves and societal changes, Brazil's health-care system is being redesigned. Costs are skyrocketing. Policymakers are clamoring to expand access. A growing middle class is demanding better coverage. Doctors are fighting efforts to reduce fees.
Fraud is on the increase.
Such sweeping transformations provide opportunity as well as uncertainty for the nation, its people and the entities that provide health-care coverage and services. Brazil is searching for solutions to these complex challenges. The initial results of this massive effort may provide insights and answers for insurers, health-plan sponsors and others who provide programs and services throughout the world. Until recently, Brazil's monetary instability and high inflation provided favorable conditions that allowed many businesses to earn significant profits. The health-care industry was no exception.