Question to the Department of Health and Social Care:
To ask His Majesty's Government, further to the Written Answer by Lord Markham on 24 January (HL1798), in what circumstances the economic benefits of improved healthcare are assessed.
Economic assessment is undertaken in support of Governmental decision-making, particularly where significant new or existing public resources are required. HM Treasury’s Green Book provides detail of this and sets out guidance on appraising the impacts of government policy. These include employment and productivity effects, environmental impacts and changes in risks to life or health.
The Green Book guidance covers spending control processes, including the development of business cases, as well as regulatory control processes, including regulatory impact assessments.