Since the November 2001 Pre-Budget Report, there has been much speculation surrounding how much the UK spends on health and how much more it would need to spend in order to reach the average level of spending seen across European Union countries. An aspiration to increase UK health spending to the average European level was first made by the Prime Minister in January 2000. In addition, the Labour Party manifesto states that 'over time we will bring UK health spending up to the EU average'. More recently, the Prime Minister has confirmed that he would like to see UK health spending reach the European average by 2005. This short note compares the level of health spending in the UK with that overseas and discusses how much more the UK is likely to need to spend on health if it is to meet the Prime Minister's stated target.
Market failure can affect the choices that individuals make about education. Christine Frayne, of the Institute for Fiscal Studies, looks at the economic arguments.
The private health care sector forms a relatively small part of the system of health care in this country, but its importance has grown in recent decades.
This short paper starts by describing the two fiscal rules and then looks at the latest set of HM Treasury forecasts, which suggest that these rules will indeed be met. We then go on to discuss the level of uncertainty that is implicit in any public finance forecasts.
This commentary examines the role of both the public and private sectors in delivering healthcare in the UK. How does the UK compare with other countries? What is the role of private finance in the delivery of healthcare? What variations in NHS quality are seen across the UK? How much additional pressure is there likely to be on the NHS budget in future as a result of an ageing population?