IPPR Calls for £15 Billion Annual Investment to Revitalize UK Health System and Boost Economy

September 17, 2024
IPPR Calls for £15 Billion Annual Investment to Revitalize UK Health System and Boost Economy
  • Key recommendations include providing free school meals for all primary schoolchildren and reinstating family support programs like Sure Start.

  • The establishment of neighborhood health centers is also recommended to deliver comprehensive health services with a focus on prevention.

  • Additionally, the report suggests implementing higher taxes on tobacco, alcohol, and unhealthy foods, which could generate over £10 billion by the end of the parliament.

  • The IPPR estimates that enhancing the nation's health could save the government approximately £18 billion annually by the mid-2030s.

  • The Institute for Public Policy Research (IPPR) has called for a substantial annual investment of £15 billion to reform the UK's health system, which is increasingly seen as a barrier to economic growth.

  • Currently, the UK ranks poorly among G7 nations in terms of life expectancy, health spending, and child poverty, while also grappling with high obesity rates.

  • The report highlights that the nation's declining health not only affects labor supply and productivity but also exacerbates public finance issues and contributes to regional inequality.

  • The IPPR warns that if current trends continue, economic inactivity due to health issues could rise to 4.3 million by the end of the current parliament.

  • Since the pandemic, approximately 900,000 individuals have left the labor force, resulting in a staggering £5 billion loss in government revenue this year.

  • The report aims to shift the UK's health system from a reactive approach to a proactive one, with a target of increasing healthy life expectancy by 10 years by 2055.

  • Dame Sally Davies, co-chair of the commission, emphasized that improving health could unlock significant economic potential and enhance national prosperity.

  • To address health disparities, the report proposes the creation of health and prosperity improvement zones in areas suffering from poor health outcomes.

Summary based on 1 source


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