by frog
Who knows??
The Government (or any of its officials) wouldn’t front at the recent Reviewing Accident Compensation Summit. The hot topic of the day was privatisation but participants were left in the dark about whether National will keep pushing in this direction.
Both the Greens and Labour did attend – check out Sue B’s speech, where she outlined that:
“For us, the underlying principle is the provision of equitable and adequate rehabilitation and compensation, based on the fundamental principles and goals espoused in the Woodhouse Report.”
So what happened at the summit – arguments on privatisation raged with Roger Kerr at al rolling out their same old arguments that the magical hand of the market would make everything better, when asked for evidence they didn’t have any apart from the market is always best.
Roger hadn’t even bothered to read the Price Waterhouse Cooper [PDF]report that found ACC has relatively low administrative costs. For example, in New Zealand, workers pay on average 78 cents in every $100 toward their compensation scheme, but in Australia (which has some private provision) the figure is $2 per $100.
So will National follow their magic market ideology and their business roundtable buddies and privatise ACC? Who knows?? Heres hoping they see sense and don’t…..
Published in Environment & Resource Management by frog on Thu, July 2nd, 2009
Tags: ACC, green party, new zealand, occupational health and safety, privitisation
on the trolls and those who are unable to keep on topic
“Roger hadn’t even bothered to read the Price Waterhouse Cooper [PDF]report in National’s view Māori did not own the foreshore and seabed in an exclusive situation. They owned it along with all other New Zealanders, and they have not had anything taken off them that found ACC has relatively low administrative costs. For example, in New Zealand, workers pay on average 78 cents in every $100 toward their compensation scheme, but in Australia (which has some private provision) the figure is $2 per $100.”
Getting a bit cross-channel talk there, Frog?
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Thanks BP glitch in the matrix
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I can never forgive them if they start to dismantle ACC. Never.
The evidence of its effectiveness compared to every other real world accident healthcare scheme in operation is so clear, it is purely and utterly an act of ideological bloody mindedness to do so.
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Georgedarroch,
To the politicians its not primarily a question about how effective ACC is, nor is it an ideological question. Rather, privatisation of ACC opens up new money making opportunities for their mates in the insurance industry.
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