Measurement of need and funding

Opportunities

NHS Wales’ budget stands at 42% of the total Welsh Government budget. Funding per head for Wales is lower than for Scotland and Northern Ireland, and the Barnett funding formula was negotiated without evidence of need.

We would like:

  • to quantify additional need in Wales and redress the current funding arrangement.

Following the introduction by the New Zealand Government of its Wellbeing Budget, which allocates spend based on increasing quality of life and wellbeing as opposed to increasing GDP.

We would like:

  • to encourage the Welsh Government to make wellbeing the principal aim of its budget to meet the wellbeing needs of people in Wales.

Opportunities

 

The College has also identified a number of projects and ideas that we would like the Welsh Government to consider in the context of mental health, as well as including here some recommendations as to how the Welsh Government could apply them.

Read more to receive further information regarding a career in psychiatry