Should private firms reimburse the NHS if they exceed a 5% profit on contracts?

Needs better contract management

Yes, and private firms should not exceed any more than 50%

Yes but unsure on the exact figure

Private firms should be responsible for the upkeep of their own assets under the oversight of the government.

No, but the profit should not exceed the market standard rate for the product / service, and should not exceed their own average profit margin.

Yes but raise profit margins more in line with other supply chain opportunities. 5% seems to restrictive

NHS needs to be overhauled, it is broken and demand outweighs need. The bureaucracy structure is a heavy weight.

NHS needs part privatisation and part payment system ie Income earners category: Upto £80 free nhs service Upto £100 pay 20% Upto £150k pay 30% And so on

Yes, depending on the state of the NHS. If the NHS needs the funding then it should be reimbursed. However, we shouldn't diminish the quality of private healthcare

I would rather limit privatisation of the NHS but limiting profit margins could lead to contractors refusing to do business with the NHS which could have a negative impact.

The NHS should be able to utilise private companies as long as they can provide a better cheaper alternative.

Reasonable profit should be determined in the contract and fixed. If the company makes more, they should pay money back, while if they make less through no fault of their own, the government should pay more.

No, but they should have to be open about margins earned and the penalties for any reduction in quality of outcomes should be severe enough to disincentivise forms from cutting quality to maximise profit.

Yes but make it 10%

Yes, but increase the limit. There needs to be a profit incentive to encourage the private sector to work with the NHS, without it being exploitative.

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Yes, but make these private firms more nationalised and demand them to give higher by 5% salaries to get professionals to the forefront of these firms, helping reimburse the NHS.

Profit should be capped, but not at 5% - that seems a little too close to the wire for them to operate. It is no use to the NHS if their contractors go bankrupt.

Good idea but 5% profir cap is too low. It should be set at a maximum of 5% over the UK avg stock market price for TTM, (trailing 12 months)

Open book accounting. After a small return say 5%, profit above is split, between the provider and a rebate to government.

Yes, firms working on behalf of the NHS shouldn't be making a profit, if they weren't doing NHS work and only medical insurance work they would be making a loss, they can profit from private customers and do the NHS work at cost.

Yes - but the definition of profit needs to be very clear. It is easy to make a contract look like no profit was made.

Yes but I think 5% is too low - there needs to be a profit margin to incentivise reinvestment, innovation and long term R& D

Private contractors should not see the publicly funded NHS as a “Cash cow’ and reduce its available funding by excessive profiteering

No but there needs to be a stronger commercial understanding of how to write and implement effective contracts for design and build where there will be more than one designed or contractor involved

No, however there needs to be a reasonable gain/share agreement in place - this will vary by sector and services performed.

5% profit is not enough to keep a good private firm running the NHS properly. If privatised the cap for profit share should be higher such as 10-15%. This can then be invested back into the NHS.

This can affect those small companies making a little profit. It should be attached to companies making a profit over a certain amount.

No; private firms are separate from the NHS and should not need to be subject to the financial decisions it makes. Also, if they find a way to make a lot of money legitimately, why should they not be allowed to keep it (after it is taxed)?

No, but increase profits margins while maintaining to keep the uk as the cheapest healthcare system in the world

Yes, but only if it exceeds a rate of 10% of the contract, and the company has other sources of income (i.e. If the company receives more than 60% of it's income from NHS contracts they should be exempt

I think we should move to privatized healthcare and it should be mandatory for everyone in the uk to have healthcare insurance

The percentage hurdle should be set to what profit is needed to achieve a RoE/RoI that is commensuarate in the industry.

No but increase 5% to 15%.

No, but profit margins for all contracts into the Public sector contracts should be regulated

No, but the next renegotiation of the contract should reflect the better performance so that the benefits are shared with the NHS going forward.

Profit over a specified limit should be reinvested in improving patient care and services to support this

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.

No, if privatisation exists within the NHS, then it needs to be good and companies need an incentive otherwise why would they bother?

Yes, except certain health services will have an exception; those of which are mostly where people go to.

We should ensure that the contract NHS has with private companies, such as pharmaceutical companies within specified profit margins, to pharmaceutical companies.

No, we should invest in and improve the NHS so that we don't have to rely on private medical care and those than can afford it can pay whatever the rate is

No, Make it proportionate to the average profits.

Yes, privatisation should be terminated.

Conservatives hage the perfect solution

We should no longer have an NHS we need something else

No, but privatise the NHS

don’t know

Companies should be thoroughly investigated to prevent unnecessary price inflation. If the cost is significantly cheaper than their competitors while providing equal value, then it is harmful to disincentivize them from developing better methods by limiting their potential profits.

No, and privatize the NHS.

this shouldn't be how we treat healthcare, they should get enough money either way

Yes but only higher profit margin

I think the threshold should be 10%

Whatever delivers the best care free of charge and at at the lowest cost to the tax payer.

Yes but only if the expected profit exceeds the estimated by 8-10%. If this is the case these firms should reimburse 2%, if the NHS is in dire need of assistance then I could agree on this percentage being increased temporarily depending on the seriousness of the situation

Maybe 10% profit.

Yes but the NHS should be 100% Nationalised, and they should be made to turn over 100% of their profit since they started the contract.

Yes, but the cap will have to increase in the future due to there being higher demand for care

There should be profit share triggers in contracts.

the profit should exceed 10 percent

Yes. They should also be reviewed annually and should they fail to meet targets, they lose contracts and have to return services to the NHS.

No it depends on type of product. Basic commodity products should be less. More complex up to 12% else you will not encourage people to develop good products

No, but they should have penalties in contracts for non-delivery at agreed costs and times.

Any private companies should send 50% of any profit to the NHS, only allowing them enough for half-profit & enough supplies to stay running.

Outsourcing firms yes, production equipment and supply firms no.

Allow a franchise system in smaller and less important areas, where excess profits over an agreed threshold are returned to the Government.

No, but I would rather eliminate any privatisation from the NHS but supply will often have to come from other companies who need to make a profit to reinvest. Would be better if their was a nationalised chemical industry supply the NHS.

There should be a cap but work still needs to remain attractive to contractors so the cap should be considered

I'd rather minimise privatisation of the NHS. I recognise that private initiative may have some uses sometimes. I'd say the percentage should be not fixed for all but relative to the size of the contract, ie. a lower percentage (1-2%) on very large contracts, a higher percentage (10-20%) on small contracts where the contractor has given more eg. in the case of bearing high R&D costs at their own expense into pioneering treatments or equipment.

The shouldn’t be making profit

The question will be debated, asked and voted on via Liquid Democracy.

Whats profit

The state should be abolished and this should be up to the communes.

Putting these measures in place exposes the NHS to risks of people manipulating the system. The contracts should be managed better in the first place.

Private firms should not be providing NHS services for profit. They should only have not for profit involvement in public healthcare in emergencies (eg COVID pandemic) where NHS capacity might be overwhelmed.

Yes but only if the private service has no value to patients and doesn't help with the reducing the strain on the NHS

No, healthcare should be not-for-profit.

Their contracts should be audited to ensure supernatural profits are not being realised.

i don't understand the question

Yes, but only if profit exceeds 15%

No, all privatisation of healthcare services should be abolished or run so all profits go back into the NHS

Only over 25% so as to not decrease profit incentive

Only if they exceed a 15% profit

No Privatisation!!!

Yes If they default to the NHS for complications

Yes, but if they exceed 15-20% profit on contracts.

No, the NHS shouldn't exist; it should all be privatized.

Companies are entitled to make a reasonable profit.

Yes, but only when government has provided funding that lead to the creation of the item being purchased.

Improve the current system

No, as private firms must have a profit incentive.

Private firms in health care shouldn't exist. All health care should be nationalised and funded well.

No, but they should reimburse the NHS at a higher different percentage level.

Yes, but not contribute back a huge amount

Yes they should reimburse extra healthcare costs for certain groups of patients

No, increase the amount to 10% to still encourage competition and improve performance of these services.

No privatisation at all

Yes but raise the cap to 8%, with minimum contract threshold of £750,000

No, but there should be incentives to reinvest profits into R&D.