According to a study, the NHS’s plans to recruit and hire one in every 11 workers in England may require an additional £50 billion from taxpayers each year.
In June, NHS England released its long-term workforce strategy, which predicted that by 2036–2037, it would require about 60% more personnel.
The company’s headcount is expected to increase from 1.5 million in 2021/22 to 2.4 million throughout this time.
According to new research by the Institute for Fiscal Studies, this would represent nearly half of the nation’s public sector employees and solidify the NHS’s status as the largest employer in Europe.
By 2036 or 2037, financing the expansion is anticipated to add an additional £50 billion to annual real costs.
NHS workforce plan: Billion for Training, but No Plan for Pay, Equipment, or Drugs
The plan allocates an additional £2.4 billion for the training of new employees, but it does not account for the higher pay costs or the additional expenditures for the equipment and pharmaceuticals they would need.
The release of the NHS workforce plan and its thorough workforce predictions is a significant and welcome milestone for the NHS, according to study author Max Warner.
The danger of having a labor plan but no equally prominent plan for capital, technology, or management is that increased spending on staffing will squeak out other essential inputs, making those productivity increases all but impossible to attain.
The plan calls for real-dollar yearly increases in the NHS budget of about 3.6%, which is higher than the 2.4% experienced during 2009–10 but in line with the average annual rise in health spending since 1949.
In order to support healthcare workers in performing their jobs effectively and efficiently, it must also be matched by investments in technology and working conditions.
According to a Department of Health and Social Care official, the plan outlines how we will deliver long-term productivity increases’ and addresses both investment and reform.
The plan, according to an NHS England spokesman, offers a once in a lifetime opportunity to put staffing on an economically viable basis and guarantee that the NHS can utilize the newest technologies and cater to patients’ changing requirements in the future.
Source: Daily Mail