NHS Needs Urgent Reform
Posted by andrewmcd on December 9, 2011
In a report released today there is a damning conviction of the NHS and identifies the need for radical changes within it.
The Adam Smith Institute has made suggestions on how to make improvements in order to improve the service and improve the quality of healthcare being provided by the NHS. The report suggests that changing the current system as we know it to a social insurance scheme which would be funded by employer and employee contributions along with co-payments from patients. The Institute believe this would create competition in order to improve health care quality but only doing so in a very limited and bureacratic way.
One suggestion made was to sell off all the hospitals to private firms which would in turn introduce competition and drive standards up as each firm would be keen to have the best quality of care and the best facilities. The proceeds from the sales would be used to set up a health insurance fund.
The fund would be self financed through employer and employee contributions and co-payments from patients. With the NHS now no longer requiring a £105bn warchest the Treasury could afford to cut both direct and indirect taxes to offset the contributions patients would make to the health fund scheme.
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