Taxes must rise to fund 5% budget increase the NHS needsBMJ 2018; 361 doi: https://doi.org/10.1136/bmj.k2337 (Published 24 May 2018) Cite this as: BMJ 2018;361:k2337
- Ingrid Torjesen
NHS funding will need to increase by 3.3-5.0% a year over the next 15 years, which will “almost certainly” require tax rises of £1200-£2000 per household, says modelling by the Institute for Fiscal Studies and the Health Foundation carried out in association with the NHS Confederation.1
Simply maintaining the current service level will require an average 3.3% a year rise for the next 15 years, with slightly bigger upfront increases to tackle immediate problems—taking health spending from 7.3% of national income today to 8.9% by 2033-34.
Modest improvements in NHS services, such as meeting waiting time targets and tackling …