Overview
- Security Minister Alejandra Monteoliva plans a presidential decree that would detach the two federal security forces from IOSFA and open a public tender for private coverage.
- Roughly 197,000 active and retired members and their families would move to prepagas, with Swiss Medical, OSDE, Galeno, Medicus and Avalian named among potential bidders.
- The Armed Forces would remain under Defence in a separate scheme called IOFA following an agreement with Defence Minister Carlos Presti.
- The overhaul follows IOSFA’s reported debt above $200,000 million and a monthly deficit near $10,000 million, and an internal survey found 80% wanted an alternative with 46% already paying private plans.
- Coverage capacity across the territory remains a key hurdle, with about 60% of personnel in Buenos Aires, Corrientes and Misiones and the rest spread across roughly 150 locations.