Report will be valuable reference point for costs of COVID-19

24 November 2020

Responding to a new report from the Health Foundation on the scale of funding increases needed to meet the demands of COVID-19, NHS Providers chief executive Chris Hopson said:

"The Health Foundation is right to point to the scale of the immediate financial challenge faced by our health and care system. The extra costs of COVID at both national and local level are enormous, given that they cover the cost of PPE, Test and Trace, vaccines, extra demand and lost productivity and efficiency savings.

"The Health Foundation is also right to point to the need to reform social care, which will require significant extra investment, and the need for more short term social care funding in the meantime.

the £3bn is welcome extra investment, given that it's additional to existing planned spending.

"The extra £3bn the government has allocated to start recovering planned care backlogs and start building extra capacity to meet COVID created mental health demand was never going to cover all these costs. But the £3bn is welcome extra investment, given that it's additional to existing planned spending.

"This means that the discussions, early next year, on how much the NHS and the wider health and care system will need to cover these wider COVID costs in 2021/22 will be vital. We have already clearly stated that all the relevant direct and indirect costs must be covered in full.

"So this report provides a valuable point of reference to evaluate the financial impact of COVID-19 and the government's response continuing support for health and care."