UK Chancellor of the Exchequer Phillip Hammond has confirmed a funding boost of around £20bn a year by 2023-24 for the NHS, with a focus on mental health and social care.
Support to the country’s health service was initially announced by British Prime Minister Theresa May in June.
In his Budget this week, the chancellor said that funds will be available to frontline services and support the expected ten-year plan for the NHS.
More than £2bn will be allocated for mental health, while an extra £650m will be available from next year for social care.
However, non-profit healthcare organisation Nuffield Trust said: “It is traditional and correct here to point out that the £20.5bn of extra funding by 2023-24 is being added to a system that is currently under water. The extra funding will be able to make good on some of this, given time.
“But before it can do that, the first call on the £6bn or so more cash the NHS will receive each year will simply be funding the recurrent cost of the status quo level of service we already have, to a growing number of patients amid inevitably rising prices.”
Funds are intended to be used to ensure long-term mental health support in every large A&E department.
Furthermore, the government aims to support more community services for mental health patients, ambulances, specialist crisis teams and help in schools for people with mild and moderate mental health problems.
Yet the Institute for Public Policy Research (IPPR) researchers claimed that £2bn for mental health services is only 50% of what was actually needed.
The thinktank added that in order to be level with physical care, mental health spending must be £4.1bn by 2023-24.