Government healthcare spending decreased by 2.1% in real terms between 2021 and 2022, with implications for the upcoming General Election.
Total healthcare expenditure increased by 5.6% in nominal terms in 2023, but decreased by 1.4% after adjusting for inflation, marking the second consecutive year of negative real terms spending growth.
Spending on preventative care dropped significantly from 14.1% to 8.2% of Government healthcare spending between 2021 and 2022, highlighting a concerning shift despite the importance of preventative care in national health policy decisions.
#government-healthcare-spending #healthcare-budget #preventative-care #national-health-policy #economic-impact
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