More National Health Service Job Losses Announced – Some Food for Thou…

More National Health Service Job Losses Announced – Some Food for Thou…

More woe for NHS staff, as 50,000 job cuts have recently been announced.

Announcements have been made recently that a further 50,000 jobs are to be discarded across the National Health Service.

Health campaigners have concerns that the redundancies will include doctors, nurses and midwives. This is in direct contrast with announcements made towards the end of last year which were forecast at far less than the figures given.

The news has come on top of the government curtailing spending by the NHS, who in turn are putting further pressure on their managers to find already more savings due to increasing demands on the budgets provided to the whole sector.

Further cut backs are having negative affects on most hospitals within the UK who are struggling under the financial squeeze on spending. With government incentives or the “big society” pushing to move more care out to the communities there will be less work which will translate in 50,000+ jobs being cut.

Are the big society incentives resonating with the individuals it is aimed at. In one hand the government are advising individuals to proportion, help, get involved and really get into the spirit of close community, whilst however they are cutting more jobs in the public sector which does not provide the feel good factor to those who are next in line to be made redundant.

By pushing more care into the communities it will allow the NHS to reduce staff numbers across the country and meet government numbers. The figures quoted are an calculate but it is expected that they could be a lot higher. According to False Economy an anti cuts website, research indicates that cuts will be extensive encompassing areas such as East Lancashire, North Staffordshire, Royal Devon and Exeter, Royal Cornwall and Belfast.

What does this average for the many tens of thousand of skilled workers which include doctors, nurses midwives within the NHS that will possibly be affected across the vicinity in an already difficult job climate.

Redundancy, in spite of of whether it’s voluntary or involuntary can average financial hardship for those ill prepared. Monthly outgoings nevertheless need maintaining and with substitute job locaiongs hard to come by, the delay in finding a new job could spell the difference between sinking or swimming for most individual’s.

For many, purchasing mortgage protection insurance has generally been a decision only taken when purchasing a new character or when arranging a remortgage. Either sold by mortgage brokers or the bank advisors that provided the financing, it was on the majority highly priced and generally only encompassed enough assistance to cover the monthly mortgage payment.

With forthcoming redundancies, it is basic that individuals review their protection requirements to ascertain if in the first example they have insurance. If so, that the assistance amount they have is sufficient cover for their needs and requirements. Many are not aware of the great choice of products that are currently obtainable which may better suit their circumstances. Income protection Insurance instead of mortgage protection insurance could be one such product.

Income protection insurance or redundancy insurance is ideally appropriate to a great majority of worker’s, who need some peace of mind to cover their monthly commitments should their own situation deteriorate. It is not wise to procrastinate, as most redundancy protection policies now come with an initial 90 day exclusion period. It is basic that people start preparing early and take control of their financial future before someone else does.

Stuart Boseley

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