Healthcare - Funding
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The NHS was widely regarded as one of the most efficient healthcare systems in the developed world
The efficiency was achieved despite being one of the lowest spenders of developed nations on health services
Since 2010 the NHS has seen the highest reduction in funding since the 1951 Tory government
There has been £4.6 billion reduction (31%) in local authority social care budgets since 2011 ) which increases NHS workload
Transfered of £3.8 billion of NHS funds to care in the community
At least £4.5 billion a year is spent following the Health and Social Care Act of 2012 introduced by the Tory - Lib Dem coalition
It is estimated that the NHS is spending more than £3,700 every minute to pay for privately financed hospitals
The Tories cut £200 million in Local Authority public health budgets
Since 2010/11 Payment by Results system have been cut by over 40% for a quarter of the treatments that hospitals provide
Cuts in Payment by Results has led to the NHS now charging for some treatments (hip replacements for example)
From 2016 onwards budgets fell sharply, down to just a 0.9 per cent increase in 2017
By 2018-19 there was a 0.6% fall in real spending per head
Growth in funding is forecast at 0.2% for 2019-20 and at 0.9% going forward
In 2010/11, just 5 per cent of these providers overspent their annual budgets
By 2015/16, 66% of trusts were in deficit
The ‘Sustainability and Transformation Fund’ contributed to a fall in deficits, but 44 per cent of trusts still overspent their budgets in 2017/18, with acute hospitals accounting for just under 90 per cent of all providers in deficit
The NHS provider sector as a whole ended 2017/18 with a deficit of £960 million
NHS providers started the financial year 2017/18 with a £4bn black hole between their underlying costs and income
In March 2019, the public accounts select committee said NHS finances “remain in a perilous state"
The efficiency was achieved despite being one of the lowest spenders of developed nations on health services
Since 2010 the NHS has seen the highest reduction in funding since the 1951 Tory government
There has been £4.6 billion reduction (31%) in local authority social care budgets since 2011 ) which increases NHS workload
Transfered of £3.8 billion of NHS funds to care in the community
At least £4.5 billion a year is spent following the Health and Social Care Act of 2012 introduced by the Tory - Lib Dem coalition
It is estimated that the NHS is spending more than £3,700 every minute to pay for privately financed hospitals
The Tories cut £200 million in Local Authority public health budgets
Since 2010/11 Payment by Results system have been cut by over 40% for a quarter of the treatments that hospitals provide
Cuts in Payment by Results has led to the NHS now charging for some treatments (hip replacements for example)
From 2016 onwards budgets fell sharply, down to just a 0.9 per cent increase in 2017
By 2018-19 there was a 0.6% fall in real spending per head
Growth in funding is forecast at 0.2% for 2019-20 and at 0.9% going forward
In 2010/11, just 5 per cent of these providers overspent their annual budgets
By 2015/16, 66% of trusts were in deficit
The ‘Sustainability and Transformation Fund’ contributed to a fall in deficits, but 44 per cent of trusts still overspent their budgets in 2017/18, with acute hospitals accounting for just under 90 per cent of all providers in deficit
The NHS provider sector as a whole ended 2017/18 with a deficit of £960 million
NHS providers started the financial year 2017/18 with a £4bn black hole between their underlying costs and income
In March 2019, the public accounts select committee said NHS finances “remain in a perilous state"
Labour will commit to over £30 billion in extra funding over the next Parliament
Money will be raised through increasing income tax for the highest 5 per cent of earners and by increasing tax on private medical insurance
Labour will free up resources by halving the fees paid to management consultants
Labour will boost capital funding for the NHS, to ensure that patients are cared for in buildings and using equipment that are fit for the 21st century
Labour will introduce a new Office for Budget Responsibility for Health to oversee health spending and scrutinise how it is spent
Labour will halt and review the NHS ‘Sustainability and Transformation Plans’, which are looking at closing health services across England
Labour would ask local people to participate in the redrawing of plans with a focus on patient need rather than available finances
Labour will create a new quality, safety and excellence regulator – to be called ‘NHS Excellence’
The next Labour government will reverse privatisation of our NHS and return our health service into expert public control
Labour will repeal the Health and Social Care Act that puts profits before patients and make the NHS the preferred provider
We will reinstate the powers of the Secretary of State for Health to have overall responsibility for the NHS
We will introduce a new legal duty on the Secretary of State and on NHS England to ensure that excess private profits are not made out of the NHS at the expense of patient care
Money will be raised through increasing income tax for the highest 5 per cent of earners and by increasing tax on private medical insurance
Labour will free up resources by halving the fees paid to management consultants
Labour will boost capital funding for the NHS, to ensure that patients are cared for in buildings and using equipment that are fit for the 21st century
Labour will introduce a new Office for Budget Responsibility for Health to oversee health spending and scrutinise how it is spent
Labour will halt and review the NHS ‘Sustainability and Transformation Plans’, which are looking at closing health services across England
Labour would ask local people to participate in the redrawing of plans with a focus on patient need rather than available finances
Labour will create a new quality, safety and excellence regulator – to be called ‘NHS Excellence’
The next Labour government will reverse privatisation of our NHS and return our health service into expert public control
Labour will repeal the Health and Social Care Act that puts profits before patients and make the NHS the preferred provider
We will reinstate the powers of the Secretary of State for Health to have overall responsibility for the NHS
We will introduce a new legal duty on the Secretary of State and on NHS England to ensure that excess private profits are not made out of the NHS at the expense of patient care