Pretty much.
Their whole deal is "fiscal responsibility", which apparently means applying austerity for about a decade and cutting huge amounts of public service budgets.

Mild tinfoil hat
Things like the amazing NHS end up underfunded (and leveraged as a bargaining tool, like when Brexit would give the NHS 350m extra per week). Obviously waiting lists get longer, some people maybe start seeking private care for some things. Then the Tories can turn around and say "the NHS is broken, people are using private care, we should sell off the remaining NHS and do the American thing. Think of the tax cuts!".
/Mild tinfoil hat

They also hate immigrants, want the old Rule Britannia/British Empire thing back, think dealing with climate change is untenable, a whole bunch of fun stuff like that.

Torys have been buying up the land that NHS hospitals are on and jacking up their rents

...then railing on and on about the ever rising costs of health care

Playing the long game until some crisis comes and then poof, welcome to the American Health* care system, you give us everything you own and we'll give you 3 months to live. Maybe.

And forget about dental and vision. That's for rich people.

Seriously Neoliberalism is anti-nationalist. The rich fucking despise regular people and do everything they can to, first, ensure that they are getting the government contracts, and then B, looting all that money, saying government doesn't work and dismantling us back to fuedalism.