Written Question·Department of Health and Social Care·UIN 44141
Social Impact Bonds
Tabled: 3 April 2025
Answered: 14 April 2025
Question
Martin Wrigley
Liberal Democrat — Newton Abbot
To ask the Secretary of State for Health and Social Care, if he will make an assessment of the potential merits of introducing a phage impact bond that is similar to previous social impact bonds.
Answer
Ashley DaltonSocial Impact Bonds (SIBs) are a mechanism to raise investment for a service provider. SIBs are commissioned on a payment-by-results basis, with the payment being proportional to the delivery of a positive social outcome.As detailed in the Government’s re...
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