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Reform UK’s private health insurance plan would cost £1.7bn, Streeting to say

Wes Streeting is expected to say that Nigel Farage’s plans would bring a system that ‘checks your pockets before your pulse and asks for your credit card before your care’. areth Fuller/PAWes Streeting is expected to say that Nigel Farage’s plans would bring a system that ‘checks your pockets before your pulse and asks for your credit card before your care’. areth Fuller/PAReform UK’s private health insurance plan would cost £1.7bn, Streeting to sayHealth secretary will describe plan to offer tax relief on private healthcare as ‘tax cut for the wealthiest’Reform UK’s policy of tax relief on private health insurance could cost the country £1.7bn, the health secretary, Wes Streeting, is expected to say on Saturday. Streeting will make the claim at a conference organised by the Fabian Society, a socialist thinktank aligned to the Labour party, and will describe the Reform proposal as a “tax cut for the wealthiest”. Before the 2024 general election, Reform pledged to offer tax relief of 20% on all private healthcare policies if it won power.

Reform UK’s private health insurance plan would cost £1.7bn, Streeting to say

Credit: Theguardian

Key Highlights

  • The party claimed in its manifesto that this would improve the general standard of care by reducing demands on the NHS. Its leader, Nigel Farage, appeared to double down on this commitment at a press conference last summer, saying: “Perhaps if we gave people a bit of tax relief on paying for private health care, we might just relieve the pressure off the National Health Service.”Civil servants at the Department of Health and Social Care calculated the potential cost of the Reform policy using data from the healthcare consultancy LaingBuisson, which says that the UK private healthcare market is worth about £8.6bn. Streeting is due to speak at the central London event on Saturday afternoon, with the energy secretary, Ed Miliband, and Labour’s deputy leader, Lucy Powell, also scheduled to attend. It is expected the health secretary will tell delegates that the NHS will be a major focus for Labour in campaigns for May’s local elections, where Reform is predicted to make significant gains.“Farage says he wants an insurance-based system of healthcare,” Streeting will say.
  • “Just last year, he rejected the public funding model that survived since 1948, saying: ‘I do not want it funded through general taxation.
  • It does not work.’“And if you don’t believe his words, look at his actions.
  • Reform is committed to spending £1.7bn, not on staff, buildings, or technology, but on tax relief for customers of private healthcare.
  • “This tax cut for the wealthiest would be the first step on the road to Farage’s insurance system.
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Sources

  1. Reform UK’s private health insurance plan would cost £1.7bn, Streeting to say

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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