The sum is partly down to rises in pay and inflation but is a 'worst case scenario', Manx Care says.
A £27.2m overspend has been forecast in the health service due to increases in staff pay, rising costs and a continued budget deficit, Manx Care has said.
An increase in "tertiary care" for patients, which is treatment in UK hospitals, and "quite a dramatic increase" in drugs costs caused by rises in inflation were among the reasons for the overspend, she said. Manx Care expects the £27.2m overspend to come down to £22.2m with the approval of £4.9m funding from the Department of Heath and Social Care's reserve fund.
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