Building Mexico’s Healthcare Future: three questions for Daniel Bandle, AXA Mexico CEOWe spoke to Daniel Bandle, AXA Mexico CEO, about the opening of Mexico’s first primary care clinic.
Currently there are two ways to access this care: through public hospitals, which are covered by the state’s social security system but are oversubscribed; or through GP consultations in pharmacy chains, which creates conflicts of interest.
Health expenditure today in Mexico’s private insurance market represents only 4 billion euros. This is in stark contrast to social security expenditure, which accounts for 20 billion euros, and the 22 billion euros that Mexicans spend on healthcare from their own pockets, which is covered neither by social security nor private insurance. AXA wants to play an important role in filling this gap.