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How often will the NRAC Formula be updated?

Formula NRAC updated
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How often will the NRAC Formula be updated?

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The formula will be run to produce Health Board target allocation shares every year. Certain elements of the formula are updated annually (e.g. population, age-sex cost weights, care programme weights). However, not all elements of the formula need to be updated every year (e.g. urban-rural categories of Health Boards, data and coefficients from the Morbidity and Life Circumstances (MLC) adjustment) some elements will not change a great deal from year to year and updating them on a rolling programme every three years is sufficient.

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