Wanless Health Care Spending Review

Former NatWest Group Chief Executive Sir Derek Wanless has revisited his 2002 review for the Treasury which paved the way for the unprecedented levels of funding the NHS has received in recent years.

His report of health care spending five years on, Our Future Health Secured? A review of NHS funding and performance was published on 11 September 2007.

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Background

Sir Derek's original review, Securing Our Future Health: Taking a long-term view, estimated the amount of money that health care would require over a 20-year period up to 2023. It led to the Chancellor's decision to increase annual NHS funding by 7.4 per cent in real terms from 2002/03 up to 2007/08.

Sir Derek has worked with the King’s Fund to examine many of the assumptions underlying the future spending recommendations he made in his original report and test whether these are on track. He has examined how changes in the health of the population, demographics, productivity, staff pay, drug costs and medical advances influenced health care spending, as well as analysing how the NHS spent the extra resources.

King’s Fund Chief Economist John Appleby has assisted Sir Derek in the review.

This is the second time Sir Derek has worked with the King’s Fund. He was previously commissioned to undertake a review into the long-term funding of social care for older people in England, which was published in 2006.

 

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