Pressures on the NHS in Wales mean it could face a funding gap of £2.5bn by 2025/26, according to a report by the Nuffield Trust think tank.
The research suggests the shortfall - the result of 'rising costs' and 'tight' public finances - would occur if funding only rises in line with inflation after 2015/16.
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Hundreds of people took part in a protest march in Haverfordwest today over changes to hospital services.
A fairly cloudy day to come with a few scattered showers.
Ed Miliband paid his first visit to Wales as part of his General Election campaign, with a message that Labour would help working families.