Financial Determinants of Pharmaceutical Supply for SIS Insured in Pasco Region 2019-2021

Raúl Lopez Seclén and Fernando Burgos Zavaleta

International Journal of Economics and Finance, 2023, vol. 15, issue 12, 171

Abstract: One of the most significant concerns in Peru’s public health system, given the lack of medicines provided in state health establishments, is that patients make use of their own resources to procure medicines. In this sense, the Integral Health Care Insurance (SIS by its acronym in Spanish for Seguro Integral de Salud) is especially relevant becuase it is the largest public insurance institution in Peru. The SIS’s objective is to providepriority coverage to Peru’s most vulnerable through monetary transfers to each regional healthcare Expenditure Entity (UE by its acronym in Spanish for Unidad Ejecutora) through signed agreements. Therefore, the author selected Pasco Region to use as a case study because it is one of the poorest regions of the country. This study was conducted with the objective of discovering the financial factors that determine the level of pharmaceutical supply in SIS insured people by use of the correlational method. Because the SIS is in charge of carrying out the budget coverage, their principle ability to positively affect pharmaceutical supplies is through financial means. However, the administration of the logistical processes for the acquisition of medicines for SIS insured people is managed by Expenditure Entities that received the financing –at the beginning of every year- And the UEs are expected to provide the health products and medicines demanded by the insured. The paper concludes with a discussion of results and recommendations to better the pharmaceutical supply of SIS Hospitals in Peru through financial means.

Date: 2023
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