WASHINGTON, March 25, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$1.25 billion Terms: Maturity = 18 years; Grace = 10 years Project ID: P116226 Project Description: The objectives of the Social Protection System in Health Project for Mexico are to: initially preserve and later expand the Popular Health Insurance's coverage of people without contributory social security; and strengthen the capacity of the commission and state health systems to effectively administer the entitlements of the popular health insurance. The funding will help finance eligible federal, social contributions to the premium of the popular health Insurance to initially preserve and later expand the popular health insurance's coverage of people without contributory social security. The loan will help by providing technical assistance to strengthen the capacity of the commission and state health systems to effectively administer the entitlements of the popular health insurance, including technical assistance for enhanced performance management and support to states in preparing and carrying out reforms in the administration of the popular health insurance, improved knowledge of eligible beneficiaries about entitlements, strengthened health risk management, and effective project coordination and management. Media Contact Gabriela Aguilar (202) 473-6768 gaguilar2@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=64302848&theSitePK=40941&Projectid=P116226 |