An impending increase in national insurance contributions (NICs) in Northern Ireland could lead to financial disaster for GP practices, according to the Royal College of GPs. The rate will rise from 13.8% to 15% with a reduced earnings threshold. Dr. Ursula Mason warns that without a government bail-out, practices might have to hand back contracts due to financial pressure. The British Medical Association expresses concerns that many GP practices are on the brink of closure and urges the government to increase funding for primary care to avoid a crisis in healthcare provision.
Dr Ursula Mason highlighted the precarious financial situation of GP practices, stating, 'There will be contract handbacks without a doubt because practices are already financially very precarious.'
Dr Frances O'Hagan warned that many GP practices were 'teetering on the edge' and risked closure without increased funding, implying GPs might become 'an endangered species.'
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