3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
We've looked a lot at the policy aspects during this, but this is the Finance Committee, so it would be remiss of us not to look at the finances. You've talked a lot about complexity of modelling and you've obviously come up with numbers. How confident are…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Thank you. The RIA says that it attempts, and you've reiterated it there, 'to strike a balance between the level of detail, the effort required to capture new data, and the range of potential outcomes' and you explained that to us then. To what extent do you…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
I'd like to move on to talk about the financial implications of the Bill. The RIA states that the overall key guiding principle for the economic assessment is proportionality. What does this mean in practical terms and how has this been applied in calculating…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Mike.
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Having worked, before entering politics, for profit-making, shareholding organisations, and for a non-profit and a mutual organisation, I know the cultures are very different. By transitioning or closing down and starting again, do you risk moving the one…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Going back to something you said earlier about the larger businesses potentially being highly leveraged, and you're talking about assets and assets might have large mortgages against them, and that element, by going down this path, what does that transition…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Thank you. Peter.
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Okay. I know that Mike and Peter want to come in. I'll bring Mike in.
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
So, it's a—
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
So, you're not eliminating profit; you're just reusing profit into reinvestment.
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Thank you for that. That's very useful. So, how did you arrive at eliminating profit, because that's the—? Having looked at all that dysfunction, all of that—and I take on board what you're saying there—eliminating profit, how did you get to that? How do you…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
And thanks for making time to come and meet us. We've now been joined by Rhianon Passmore as well. Croeso, Rhianon. We've got quite a lot of ground to cover, so I'd like start. Obviously, there will be a transcript for you after the session to check for…
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Fantastic. Thank you very much. Well, croeso this morning.
3 Gorffennaf 2024 , Finance Committee
Bil Iechyd a Gofal Cymdeithasol (Cymru): Sesiwn dystiolaeth
Croeso nôl—welcome back. We'll now go to our fourth item. We've had a change of Ministers, so we have the Minister for Social Care here. Dawn, would you like to introduce yourself and your officials for me, please?
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
Diolch.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
Or stalled—yes, it's stalled. There we are. Thank you so much for your time this morning. We've got a few other questions, but we will write to you with those, but we've covered an awful lot of ground this morning, and appreciate your time in engaging with…
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
Using that analogy, it's crashed about halfway through, hasn't it, so hopefully we'll get it back on the track.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
It's proving the mechanism.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
So, it being a Labour policy, there's a good chance it'll happen in the next year or so.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
Thank you. I've got one final—. We've just ticked over half past. I've got time for one more question and then we'll probably write to you with some others. So, I hope you'll indulge me for a second. You mentioned in your written evidence that your experience…
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
It circumvents this committee as well in the scrutiny we do.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
What would be the difference between what is set currently? Have you calculated what it should be if it had gone up in line with inflation?
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
Thank you. Sorry, Peter, I'll bring you in now.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
But it's still underpinned by goodwill, rather than by any rules base.
3 Gorffennaf 2024 , Finance Committee
Cysylltiadau Rhynglywodraethol Cyllidol: Sesiwn dystiolaeth 8
And that means a buy-in from all parties that that person or organization is—and binding on all sides, then, whatever that decision is.
