Tuesday October 20, 2020

‘Unprecedented’ spending billed as chance to reform health system

The government has provided a record increase in the health budget to assist in the fight against Covid-19 and move towards a ‘more equitable model’

Daniel Murray

Business Reporter

@danieltmurray
13th October, 2020
A total of €50 million is being made available for the funding of new drugs, ending the temporary pause on this process introduced this year due to budget overruns. Picture: Getty

The health service is to receive €4 billion in extra funding as part of Budget 2021 – the largest increase in the sector in the history of the state.

The additional funding will take next year’s health spending to just over €22 billion, with current expenditure making up €21 billion of that, and capital expenditure accounting for the other €1 billion.

According to the government, the additional money will be used to fund ongoing...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Early data for Dublin where the policy has been in place for almost a month, ‘seems to suggest it is not going to be effective enough’ to reduce case numbers

Rachel Lavin | 16 hours ago

As charities struggle to cope with an upsurge in mental health cases, will the extra €50 million promised in the budget be enough to close the gap?

Daniel Murray | 2 days ago

Experts say we must remain hopeful, as significant developments in Covid-19 epidemiology, treatment and prevention take place on a weekly basis

Danielle Barron | 2 days ago