, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
Mike.
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
Thank you. Peter.
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
Okay. I know that Mike and Peter want to come in. I'll bring Mike in.
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
So, it's a—
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
So, you're not eliminating profit; you're just reusing profit into reinvestment.
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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…
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
Fantastic. Thank you very much. Well, croeso this morning.
, Finance Committee
Health and Social Care (Wales) Bill: Evidence session
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?
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
Diolch.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 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…
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
Using that analogy, it's crashed about halfway through, hasn't it, so hopefully we'll get it back on the track.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
It's proving the mechanism.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
So, it being a Labour policy, there's a good chance it'll happen in the next year or so.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 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…
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
It circumvents this committee as well in the scrutiny we do.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 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?
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
Thank you. Sorry, Peter, I'll bring you in now.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 8
But it's still underpinned by goodwill, rather than by any rules base.
, Finance Committee
Fiscal Inter-governmental Relations: Evidence session 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.