IPPR Calls for £15 Billion Annual Investment to Revitalize UK Health System and Boost Economy
September 17, 2024Key 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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The Guardian • Sep 17, 2024
Tackling UK ill health is vital to economic growth, says IPPR