It is generally stated that EPS health insurance in Colombia costs 12.5% of one's income. However, that does not provide enough information for most people moving to Colombia. Many are told that the 12.5% is actually based upon the minimum wage (for eligibility in EPS vs. SISBEN). And, as one expat explained, "Minimum wage for 2019 is 828,116 and 12.5% of that is 103,514 pesos."
One expat said, "If you are a pensionado the cost of the EPS monthly is based on either 12.5% of the minimum wage, or, 12.5% of the dollar amount you used to qualify for your Pensionado Vida."
In a lengthy discussion about the cost of living in Colombia, expats share the cost of their EPS health insurance. One expat said, "Health insurance 120,000 covers both of us. Sanitas EPS, top rated company in Colombia." Another wrote that insurance for one person, "EPS health insurance [costs] 97,700."
"I use Nueva EPS for my medical care here in Envigado. I pay 115,000 COP per month. I can, and sometimes do, skip it and just use private doctors. The wait for an appt can be hours in a non-air conditioned room. And then they can just tell you to come back next month and try again. Privately I had laser surgery on one if my eyes last year and it cost 180,000 for the use of the clinic and 200,000 for the Ophthalmologist," advised one expat.
Another discussion entitled, "What are you guys paying for EPS offers additional insight into this topic.