Private Health & Medical Insurance Information

A UK private health insurance news and information blog discussing the latest developments in the health and medical insurance (PMI) industry.

Wednesday, 2 September 2009

NHS budget squeeze seems inevitable

The future of the NHS’s budget looks more and more uncertain after Conservative MPs failed to back the party’s leader David Cameron’s plans to increase funding above the rate of inflation if he comes into power at the next election. It’s starting to seem as though the health service will be one of the top issues for debate over the coming months as cuts have to be made across all areas of the economy to begin to pay back the record amounts of debt the UK is now in. Since 1997, the Labour Party have pumped billions of pounds into the NHS to try and cut waiting times and improve general conditions but now it seems that this can no longer continue and some people are worried that standards will begin to fall again. Private medical insurance may start to become an attractive option for these people to guarantee themselves high quality treatment.

David Cameron’s commitment to the NHS may have been a reassurance for those people who are concerned that budget cuts could be damaging to the level of care on offer, but now it seems he could be over-ridden by his own party. A recent poll suggests that nearly two thirds of Tory MPs do not agree with Cameron’s ideas to spend above the rate of inflation on the health service. It is starting to seem inevitable that compromises are going to have to be made within the NHS as budgets are squeezed. Some people may not like to make compromises where their health is concerned and may get quotes for private health insurance to put their mind at ease.

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