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The NHS faces a funding gap of £65bn by 2030, an analysis by the Health Foundation think-tank has found.
The projection found that the inflation in the health service was likely to increase by 2.9% a year over and above the rate in the economy as a whole as demand increases and the population ages.
This is higher than the expected annual increase in gross domestic product of 2.3%, and indicates that an additional £65bn is needed by 2030/31, chief economist Anita Charlesworth said.
NHS England chief executive Simon Stevens forecast a £30bn funding shortfall by 2020/21 in The Five Year Forward View, which set out a series of changes in a bid to improve efficiency.
http://www.publicfinance.co.uk/news...ation-analysis-predicts-65bn-nhs-funding-gap/
The projection found that the inflation in the health service was likely to increase by 2.9% a year over and above the rate in the economy as a whole as demand increases and the population ages.
This is higher than the expected annual increase in gross domestic product of 2.3%, and indicates that an additional £65bn is needed by 2030/31, chief economist Anita Charlesworth said.
NHS England chief executive Simon Stevens forecast a £30bn funding shortfall by 2020/21 in The Five Year Forward View, which set out a series of changes in a bid to improve efficiency.
http://www.publicfinance.co.uk/news...ation-analysis-predicts-65bn-nhs-funding-gap/