PHIN data reveals private health admissions on track for record 2023 amid NHS crisis
News
Mar 5th, 2024
The latest PHIN data on private healthcare admissions was published today and revealed that treatments have continued to rise rapidly in 2023 with the year on track to see more private admissions than in any previous year on record .
A total of 215,000 private health admissions were recorded in Q3 2023 – an 4% uptick on the same quarter of the previous year. Through Q1-Q3 2023, a total of 664,000 private health admissions were registered marking a 7% increase compared to the same period in 2022.
Admissions paid for with Private Medical Insurance (predominantly employer-funded schemes) have been a major driver of the growth in private treatments, making up over two-thirds (69%) of total admissions in period Q1-Q3 2023 and rising 11% year-on-year compared to 2022 while self-pay registered a small decline.
Brett Hill, Head of Health and Protection at leading independent consultancy Broadstone, said the figures reflected the deteriorating state of the NHS and the growing demand from employers to ensure they are protecting the health and wellbeing of their workforce.
He commented: “Since the pandemic, it has become increasingly difficult for people to access timely NHS healthcare that can treat debilitating issues and diagnose conditions at an early stage in order to avoid more complex conditions and treatment further down the line.
“We are now seeing the impact of this materialise in the private healthcare market with private admission levels reaching record highs as people increasingly opt to go private rather than face the day-to-day pain of a persistent condition or the risk of more serious illnesses going untreated.
“The acceleration in private healthcare is largely being driven by a recognition from employers that they need to cover the NHS’ shortcomings urgently and put in place health services to help their staff get access to the care they need, when they need it.
“Unless employers can get to grips with the conditions that are driving record-high economic inactivity because of long-term ill-health, they risk seeing their productivity and retention levels suffer significantly.
“Meanwhile self-pay appears to have plateaued – albeit at higher than pre-pandemic levels – given the constraints around the number of people who can afford to fund their own treatment.
“Until the NHS can get on top of its vast waiting list, we expect to see these trends continue (or even accelerate further) and potentially drive a permanent change around how UK workers access the healthcare system moving forward.”
https://www.phin.org.uk/news/phin-private-market-update-december-2023
No comments posted...
Site Copyright HealthMatters