Cash Transfers
Temporary financial compensation (Compensación económica temporal)
Date announced
4/12/2020
Start date
8/10/2020
Date of last update
5/31/2022
Description
People affiliated with the subsidized regime with confirmation of covid-19 will recieve an economic transfer, equivalent to seven days of the Minimum Daily Legal Wage in force, that will allow them to fulfill isolation. The recipients of the economic compensation are entitled to a one-time payment, per family, and as long as the isolation measure has been fulfilled since August 10.
Official Sources
Ministerio de Salud y Protección Social (08-10-20). 'Decreto No. 1109 del 10 de agosto de 2020'. [https://www.minsalud.gov.co/Normatividad_Nuevo/Decreto%201109%20de%202020.pdf]
Ministerio de Salud y Protección Social (04-12-20). 'Resolución No. 538 del 12 de abril de 2020'. [https://www.minsalud.gov.co/Normatividad_Nuevo/Decreto%20538%20de%202020.pdf]
Presidencia de la República (10-14-20). “Afiliados del régimen subsidiado con covid-19 cuentan con compensación económica”. [https://idm.presidencia.gov.co/prensa/afiliados-del-regimen-subsidiado-con-covid-19-cuentan-con-compensacion-201014]
Characteristics of the measure
Type of measure
Cash transfer (1)
Sphere
Income protection (1)
Target population
People affiliated with the subsidized regime with a diagnosis of covid-19 (1)
Delivery method
Transfer to bank account
Frequency / duration
Once
Place of delivery
Banks or cashiers
Legal Framework
Decree 1109 of August 10, 2020
Resolution No. 538 of April 12, 2020
Responsible Institution
Ministry of Health and Social Protection
Administrator of the Resources of the General System of Social Security in Health (Adres)