Colombia has achieved financial protection against excessive health care costs for almost all citizens, as well as an equal basket of services for those in and out of formal employment. Insurance coverage has risen rapidly from 23.5% of the population in 1993 to 96.6% in 2014, with individual’s out-of-pocket spending on health care falling from 52% in 1993 to 14.4% of total national spend on health in 2013, one of the lowest figures in the region. Per capita allocation of funds for health care is equal for those in contributory and publicly-subsidised insurance schemes.