Spending on health and social care over the next 50 years: Why think long term? – The King’s Fund – 31 January 2013

Posted on January 31, 2013. Filed under: Health Economics | Tags: |

Spending on health and social care over the next 50 years: Why think long term? – The King’s Fund – 31 January 2013

“In the past 50 years, spending on the NHS in the United Kingdom has increased from 3.4 per cent to 8.2 per cent of gross domestic product (GDP). If the next 50 years follow the same trajectory, the United Kingdom could be spending nearly one-fifth of its entire GDP on the public provision of health and social care.

This report 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.

It examines the evidence that spending will inexorably rise, considers projections and high-level modelling of future health spending both in the United Kingdom and internationally, and debates alternative systems of assessing current and future spending.

Finally, the report suggests a need for engaged and informed public debate about the choices to be made in future spending on health and social care.”

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