Ed Miliband launched Labour’s election campaign with a promise to cap the amount of profit a private contractor can make from NHS contracts. Under the proposal private firms would be limited to profit margins of 5% on all contracts above £500,000. Proponents argue that the plan will stop the NHS’s "drive to privatisation." Opponents argue that limiting private contractor’s profits will make it harder for the NHS to keep up with rising demand for care.
@9L879JS3wks3W
why? the NHS doesn't make profits anyway it could if it was a Private subscription sercvice as everyone paying maybe 10 a month or maybe groups 30 for familys 2 adults up to 3 children. children under 18 get reduced rates.
@9KX9JHL1mo1MO
No, if privatisation exists within the NHS, then it needs to be good and companies need an incentive otherwise why would they bother?
@9KVNRQY1mo1MO
Yes, except certain health services will have an exception; those of which are mostly where people go to.
@9KH5D8K2mos2MO
We should ensure that the contract NHS has with private companies, such as pharmaceutical companies within specified profit margins, to pharmaceutical companies.
@9JF77323mos3MO
No, but increase profits margins while maintaining to keep the uk as the cheapest healthcare system in the world
I think we should move to privatized healthcare and it should be mandatory for everyone in the uk to have healthcare insurance
No, the NHS should be fully re-nationalised
@99T92VH1yr1Y
There should be zero private firms working in healthcare
@99RWDSF1yr1Y
Private companies who take advantage of the NHS and benefit to excess on their contracts should reimburse some of it however this should be staggered depending on value of contract
@99PN38F1yr1Y
Only where profits can be reinvested to improve quality of services.
@99JH5NY1yr1Y
@99CCJSL1yr1Y
No, but give people an option to get a tax relief choice, if a person has private medical insurance.
@98SR4DN1yr1Y
The NHS tendering process should governed far more to ensure value for money.
@98S6GB61yr1Y
@98QV44J1yr1Y
@98Q8CKW1yr1Y
Only if the NHS is in need of it
@98PB3621yr1Y
There should be no private input into the NHS.
There should be a profit cap, but the level may need to be varied depending on the contract.
@98MJKQX1yr1Y
@98M8BPF1yr1Y
that should be debated there is conflicting arguments from the SNP'S & Labour party
@98LJHK91yr1Y
No, but private firms should take on/increase the amount of NHS patients
@98L7YQ81yr1Y
10%, 5 is too low to be profitable
@98JW5V71yr1Y
Yes but only a percentage
@98HFNNH1yr1Y
Maybe 15% as 5% isnt sufficient return for a company to invest
@98GSHZ21yr1Y
Only if they offer more service
Health funding should be provided by the government, but profits should be part of a wider range of targets such as quality of service and targets.
@98G5QH41yr1Y
If the private company has incentives it may cause more competition and be cheaper for the NHS at another certain profit %
@98FTQ291yr1Y
@98D5ZX51yr1Y
Depends on the size of the firm
@98CYLSD1yr1Y
No but profits can only be retained if the company delivers on it's target's and reinvests a certain amount of 5% on service improvements (tax-free).
@987D3ND1yr1Y
Profit should not be allowed on healthcare
@9866KWG1yr1Y
Yes, but I would rather make all health services publicly owned, rather than state of privately owned
@98647PX1yr1Y
Yes but is this creates issues with demand there must be other incentives
@9863N5Z1yr1Y
Yes, but split any profits over 5% with the NHS (e.g. 50/50)
@985DVDY1yr1Y
Yes, but NHS should also analyse and calculate value for money contracts (not jobs for mates).
@982VMBW1yr1Y
not a clue what this means bro.
@97Z72691yr1Y
@97WKHLQ1yr1Y
Yes but at higher rate than 5%
@95ZJN5DConservative2yrs2Y
No, 5% dis-incentivises supply. Over 10% would be more reasonable.
@95YLM8H2yrs2Y
Yes, but reduce the margin to 3%
@95C8GX82yrs2Y
Profit should be a certain level above inflation.
@955XD3CConservative2yrs2Y
5% is low. I’d say 10-15% otherwise NHS is in danger of being overlooked and other agencies favoured. For example pharmaceutical companies trade with other countries etc they May prioritise supply to them if profits are higher. Cause and effect!
@948C72CLiberal Democrat2yrs2Y
No, I would rather eliminate any privitisation of the NHS but limiting profit to 5% may remove the ability for private businesses to provide overflow or specialist care.
@943YBVT2yrs2Y
Yes, but the threshold should be higher to encourage investment
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