The Welsh Government is expected to announce that the NHS and councils will receive an additional £160m over the next two years when the budget is announced this week.
The NHS in Wales will get an extra £50m and an Integrated Care Fund of £60m is being used to support people to maintain their independence and remain in their own home.
The fund helps support older people to maintain their independence and remain at home, avoiding unnecessary admissions to hospital or residential care and delays when someone is due to be discharged from care.
Finance secretary Mark Drakeford said that the money is a result of increased public spending in England, according to a report.
Meanwhile, the local government will receive £20m in 2018-19 and £40m in 2019-20.
“I am pleased to be able to provide additional funding for public services – areas we know need extra support,” Mr Drakeford told the BBC.
“This funding will help to ease some of the pressures on frontline public services, which have been struggling to cope as a result of the successive cuts to our budget, which we have experienced since 2010-11 thanks to the UK government’s programme of austerity.”