Overview

This bill sets a minimum funding level for the National Health Service (NHS) in England for the financial years ending 31 March 2021 to 31 March 2024. The bill ensures the NHS receives a specified amount of funding each year, legally obligating the government to provide these funds.

Description

The NHS Funding Bill mandates specific minimum funding levels for the NHS in England over four financial years. These yearly minimum funding allocations are:

• 2020-2021: £127,007,000,000
• 2021-2022: £133,283,000,000
• 2022-2023: £139,990,000,000
• 2023-2024: £148,467,000,000

The Secretary of State for Health and Social Care is responsible for allotting this funding under sections 223B(2) and (3) of the National Health Service Act 2006. The bill specifies that these funds should only be used as revenue. The Treasury must ensure that estimates presented to the House of Commons are consistent with these amounts. The bill applies to England and Wales and expires on 31 March 2024.

Government Spending

This bill commits the UK government to a significant increase in NHS funding over four years, totaling approximately £500 billion. The exact figures are detailed above by financial year.

Groups Affected

The primary group affected is the NHS in England, which receives a legally guaranteed minimum funding level. This could positively impact NHS staff, patients, and healthcare providers through improved services and resources. The Treasury is also affected, as it's responsible for ensuring the funding is allocated according to the bill's stipulations. The bill also applies to Wales, although the specific implications for the Welsh NHS may vary.

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