Mr Hunt added that the NHS in England would be developing a 10-year plan over the next six months, setting out how the additional spending would deliver better service.
What are the government plans?
As she prepared for a major speech in London on Monday, the Prime Minister was coming under pressure to explain exactly how she will pay for the planned 3.4% increase in NHS spending.More news: Manchester United set record breaking price for Martial
Writing in the Mail on Sunday, Mrs May also said funding would come available from money which will no longer be sent to the European Union, referring to a "Brexit dividend". The problem is that nobody believes the PM's maths. Yet the Office for Budgetary Responsibility (OBR) predicts that Brexit will cost the economy a net of £15bn per year. Because the scale of our ambition for our NHS is greater still.
While welcoming the £20.5bn-a-year boost, the group says Brexit "poses the biggest risk to our health service in its history" and the public should get a vote on the final deal struck with Brussels.
During the 2016 referendum campaign on European Union membership, the pro-Brexit camp claimed that Britain was sending 350 million pounds a week to the European Union and should spend that money on the NHS instead.
That means making a number of improvements to the treatment and care now offered including getting back on track to delivering agreed performance standards; locking in and further building on the recent progress made in the safety and quality of care; and transforming the care offered to our most frail and vulnerable patients so we prioritise prevention as much as cure.
It is expected that taxes will be increased to create the extra revenue and, in real terms, will be closer to 3% rather than the asked-for 4% called for by Stevens. Seventy years on, it remains this country's most valued public service, an institution that is there for every family, everywhere, at the best of times and at the worst.More news: Woman shouting 'Allahu akbar' injures two with blade in France
Ms Robison said the Scottish Government has a "track record of always passing on the health consequentials to the NHS". So a critical part of the plan will be to decide what next steps will enable us to claim not just that we aspire to parity of provision with mental health but that we are actually delivering it.
In fact, hundreds of doctors and nurses have signed an open letter to May and her Cabinet arguing the funding increase is not enough.
The prime minister was joined at the announcement by her chancellor, Philip Hammond and health secretary Jeremy Hunt.
"With an offer that falls short of what is needed this Government has shown once again that it can't be trusted to care for the NHS."
She said that meant that "at the end of five years, by 2023-24, there will be £20bn more in real terms being spent on the NHS".More news: Race 3 has given its cast these box office records