King's Fund report: Spending on health and social care over the next 50 years

This report from the King's Fund considers the drivers of spending on health and long-term care, and asks whether spending must or should consume such large proportions of GDP in the future, and the fiscal feasibility of this.   Key findings are as follows:   . The NHS currently takes around 8.2% of GDP, and according to the Office for Budget Responsibility (2012) could account for between 7.8% and 16.6% of GDP by 2061.   . Spending on long-term care in 2061 could range from 1.5-2.5% of GDP.   . Spending on health and social care should not be seen solely as a debit or a burden: higher spending can improve the population's health, wellbeing and quality of life, as well as having wider positive impacts on economic activity and productivity.   . The key drivers affecting potential spending on health and long-term care include changes in population size and structure, growth in national wealth, increases in the ...
Source: NeLM - News - Category: Drugs & Pharmacology Source Type: news