Wes Streeting, shadow health and social care secretary said that Labor would abolish the cap on pensions to doctors who, in his opinion, reduce waiting lists “and will inevitably save lives.”
deputy for Ilford North argued that the “crazy” cap kept many experienced doctors out of work at the end of their careers.
He told the Telegraph: “I’m not pretending to get rid of with the cap is especially progressive move. But this one which allows patients to be seen more quickly and will inevitably save lives. I just existence is hard-weighted and pragmatic about it.”
Life time pension allowance that has been frozen last year in just over £1 million by 2026. amount which anyone can keep pension without taxes.
BUT second cap refers to amount accumulated in a pension without paying tax.
Under current rules doctors can’t choose out of payments in their NHS pension, even if they have reached the limit, causing in some highly paid workers retire early.
Streeting committed call on “private sector potential to create NHS waiting lists down’, recognizing that for Labor Party MP, “this is an awkward position.”
He added what he considers partners of GPs – doctors who are primary care physicians and business owners – have sufficient value for money.
“Early intervention prevents conditions that can cost hundreds of pounds to deal becomes problems which the cost dozens, if not hundreds, of from thousands to treat,” he said.
“We spend too much money in our hospitals or not enough in first aid. If we changed this balance over time, patients get better experience hospitals would face less pressure. we would save money”.
He also told the newspaper that “we could need look at financial incentives” to encourage physicians and general practitioners to work in disadvantaged areas according to demand.