Liberal Democrats to Increase NHS Funding by £8bn by 2020

Liberal Democrats have set out manifesto plans to safeguard the NHS for the future with funding to increase by at least £8bn per year in real terms by 2020.
The Liberal Democrats are the first party to present a plan to meet the financial needs of the NHS as set out by Simon Stevens, the Chief Executive of NHS England in his Five Year Forward View.
To achieve this boost in funding by 2020/21, Liberal Democrats will do three things:

As well as increasing NHS funding, the Liberal Democrats will also commission a non-partisan fundamental review of NHS and social care finances in 2015 before the next spending review, in order to assess the pressures on NHS budgets.
We will focus extra funding on two key priorities that will help reduce cost pressures in other areas to help NHS funding remain sustainable. Our priorities are:

The Liberal Democrats are the only party to set out a credible road map for how we will safeguard the NHS over the next parliament.
Neither Labour or the Tories have a credible response to the funding challenges that the NHS faces.
Labour have pledged £2.5bn only to be fully introduced by the third year of the next parliament and have not committed to any additional real term increases beyond that, while the Conservatives have made no specific real term funding commitments.
Only the Liberal Democrats are committed to increasing NHS funding by £8bn in real terms by 2020.