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  2. State Earnings-Related Pension Scheme - Wikipedia

    en.wikipedia.org/wiki/State_Earnings-Related...

    There was an "upper earning limit" of about seven times the lower earning limit, beyond which earnings were disregarded for NI contributions and calculation of SERPS pensions. Under the Social Security Act 1986 the target SERPS pension was reduced from twenty five to twenty per cent of average earnings between the two limits. Pensions earned ...

  3. National Insurance - Wikipedia

    en.wikipedia.org/wiki/National_Insurance

    National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom.It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

  4. General medical services - Wikipedia

    en.wikipedia.org/wiki/General_medical_services

    The NHS specifies what GPs, as independent contractors, are expected to do and provides funding for this work through arrangements known as the General Medical Services Contract. Today, the GMS contract is a UK-wide arrangement with minor differences negotiated by each of the four UK health departments.

  5. State Second Pension - Wikipedia

    en.wikipedia.org/wiki/State_Second_Pension

    At the "3 × LET - 2 × LEL" threshold (£32,592 a year) SERPS and S2P pensions are equal and the same rate of accrual (20 per cent) applies above that. These percentages are the entitlement of employees who have contributed to the scheme for a full working life. This is defined as the number of years between age 16 and State Pension Age.

  6. Incremental cost-effectiveness ratio - Wikipedia

    en.wikipedia.org/wiki/Incremental_cost...

    Currently, the National Institute for Health and Care Excellence (NICE) of England's National Health Service (NHS) uses cost-effectiveness studies to determine if new treatments or therapies at the prices proposed by manufacturers provide better value relative to the treatment that is currently in use. With the number of cost-effectiveness ...

  7. British National Formulary - Wikipedia

    en.wikipedia.org/wiki/British_National_Formulary

    The British National Formulary (BNF) is a United Kingdom (UK) pharmaceutical reference book that contains a wide spectrum of information and advice on prescribing and pharmacology, along with specific facts and details about many medicines available on the UK National Health Service (NHS).

  8. Means test - Wikipedia

    en.wikipedia.org/wiki/Means_test

    Resentment over a means test was among the factors giving rise to the National Unemployed Workers' Movement in the United Kingdom. [2] Today, means-tested benefits—meaning that entitlement is affected by the amount of income, savings, capital and assets— is a central feature of the benefit system. [3]

  9. Quality-adjusted life year - Wikipedia

    en.wikipedia.org/wiki/Quality-adjusted_life_year

    [1] [2] It is used in economic evaluation to assess the value of medical interventions. [1] One QALY equates to one year in perfect health. [2] QALY scores range from 1 (perfect health) to 0 (dead). [3] QALYs can be used to inform health insurance coverage determinations, treatment decisions, to evaluate programs, and to set priorities for ...