4 ms·
£136.7 billion seems like a lot. It also seems like it's been exponentially going up since 1950.
by google234123 6y ago
£136.7 billion seems like a lot. It also seems like it's been exponentially going up since 1950.
- marcinzm 6y agoThat comes out to $2k/year/UK resident which is amazingly low I'd say. Staff are also limited to 1% salary increase per year since 2010 which is below inflation.
- ben_w 6y ago“Exponential” is almost certainly a good approximation, as I expect it to match the product of wage inflation and population.
- lostlogin 6y agoCompare that to systems which are not nationalised.
- iso1631 6y agoHealthcare spending per capital for G7, note how the UK has historically been at the bottom, way below Germany, let alone the u.s. https://i.imgur.com/iab51Zq.png https://i.imgur.com/iab51Zq.png From OECD https://data.oecd.org/healthres/health-spending.htm https://data.oecd.org/healthres/health-spending.htm
- e2le 6y agoIt seems it was between 1997 and 2003 where spending on the NHS began to dramatically increase. I'm not sure it's fair to say that between 1950 and 1997 that it's growth was exponential. https://www.ifs.org.uk/uploads/images/election2017_images/bns/bn201_fig1.jpg https://www.ifs.org.uk/uploads/images/election2017_images/bn... https://www.ifs.org.uk/publications/9186 https://www.ifs.org.uk/publications/9186 Perhaps a more fair statement to make would be that demand for NHS services has seen a dramatic increase since 1997 and as a consequence it's budget has seen dramatic adjustments.