Could changes in pension tax relief potentially release funding for health and social care? Last week the Financial Times reported that the Chancellor is actively considering a radical reform of pension tax relief – an idea he trailed in last summer’s Budget. This week, Chief Executive of NHS England Simon Stevens called for a new ‘national consensus’ on a ‘properly resourced and functioning social care system’ – that would ideally be agreed in time to be a 70th birthday present for the NHS in 2018.
Meanwhile Norman Lamb, Alan Milburn and Stephen Dorrell – all respected former health ministers, and between them representing the Liberal Democrats, Labour and the Conservatives – are agitating for some form of cross-party commission on future health and social care funding. A window of opportunity may be opening. The King's Fund