Author: Daniel Bandle, CEO AXA Mexico

ACCESS TO HEALTH IN MEXICO: A TOP PRIORITY FOR THE COUNTRY AND FOR AXA

One of the largest challenges Mexico and its 125 million inhabitants face today is access to quality healthcare.

The numbers are quite worrisome. In international organizations rankings like the World Health Organization (WHO) and the Organization for Economic Development (OECD), Mexico appears leading the way in worrying indicators: out-of-pocket expenditure and obesity rates. While it lags behind in terms of nurses per capita, and private health insurance penetration.

Next week, the Mexican Insurance Association (AMIS, its Spanish acronym) will hold its annual convention and the main topic will be the impact of health expenditure in the economy. AXA Mexico is among the largest health insurers in the country with 1.1 million customers and a 26% growth in revenue in the first quarter of 2018. We at AXA are committed to improve Mexicans’ lives through providing access to quality healthcare. Both by contributing to make the health system more transparent, and by creating products catered for what Mexicans need the most.

For instance, AXA recently launched an innovative product for people living with type II diabetes. Today 7 million Mexicans have been diagnosed with type II diabetes—more than in any other OECD country. Diabetes has been an uninsurable risk. However, we are pushing the envelope with a product centered in what matters the most: prevention, relevant advice and integral care for our customers.

There is still a long way to go to make Mexicans’ lives healthier and the treatment of illnesses more effective. However, we at AXA are committed to continue working towards these goals.