Tynwald will be asked to approve £20 million in additional funds to cover and overpay health services for the past year.
Manx Care had previously confirmed it was facing a budget deficit of approximately £15 million for fiscal year 2024-25.
In the home's March location, Minister of Health and Social Care, Claire Christian, calls on politicians to help with extra spending.
The healthcare provider has returned a series of planned cuts to the process after receiving £800,000 for the Treasury Department.
It allowed for the recovery of some on-island election surgeries, which he said would still be a “pause” of non-urgent off-island appointments.
The Health Department said additional funds will be allocated to MANC CARE to cover mandatory services and will add it to the £347 million operating budget from 2024-25.
The department said Manx Care “continued to experience significant financial pressures” despite an allotted budget increase of £44 million from the previous year.
The rising costs include additional staff pay prizes and recruitment into key vacant seats, the introduction of new services, and a 4% increase in the drug bill.
The department said the 8% increase in tariffs imposed by UK NHS providers for off-island care and an increase in inflation by 4% on contracts for renewal also burdened MANX Care's finances.
Like the excess reported so far, the £20 million figure included £5.35 million to mitigate due to the risk of increased costs and spending over the remainder of the fiscal year.
The queue on the reductions needed to balance over spending by Manx Care with the budget that year was resigned from his post in October by former Minister Lawrie Hooper, who claimed Arm's length health care provider was “underfunded.”
