According to the Department for Health and Social Care (DHSC), the number of people waiting for elective care in England has risen from 4.4 million before the pandemic to six million.
The final number could reach the 10 million mark, with people who did not come forward for treatment during the lockdowns predicted to look for care in the coming months and years, the department said.
DHSC said the extra cash from the NI hike will reduce waiting times and deliver millions more scans, tests and operations, while reforming the way routine services are delivered so the NHS is fit for the future.
Mr Javid added: “We can’t have business as usual, which is why we are rolling out surgical hubs and community diagnostic centres up and down the country to deliver millions more scans, checks and operations.
“This vital funding will ensure the NHS is equipped to not only reduce waiting times but also tackle the big challenges we face, from cancer to heart-disease and dementia.”
Chancellor Rishi Sunak said the Government would “not shy away from the difficult decisions” ministers need to take to “fix our social care system and slash NHS waiting times”.
He said the levy would also be used to cap the cost of care so “people no longer live in fear of losing everything”.
Under the current system, those with assets of more than £23,250 pay their care costs in full.
But under a reformed system from October 2023, anyone with assets under £20,000 will have their care costs fully covered by the state, DHSC said.
The cost of care will then be capped at £86,000, with the point at which people meet the full cost of their care rising from £23,350 to £100,000, nearly four times higher than the current system, according to health officials.
The Government argues the levy is progressive, with the highest 15 per cent of earners paying more than half the revenues.