To see a life newly created.To watch it grow and prosper. Isn't that the greatest gift a human being can be given?
I thought they stopped the lumpsum payments some time ago (if they still exist presumabley they would only apply to serious disabilities. I also understand that ACC payments are not made while serving prison time anyway so while this change is attention grabbing it's hard to see how it will make too much difference to their bottom line.
Finaly, part of ACC's role is to "rehabiltate" claimants so that they can return to work and become a contributing member of society again. Assuming most of the claimants who will be affected by these changes are not full time criminals, wont this stance be somewhat counter productive?
"There must be a one-to-one correspondence between left and right parentheses, with each left parenthesis to the left of its corresponding right parenthesis."
Maybe so. But ONLY because ACC exists to cover off your liability to third parties. If you really want to go down that path, it's not just accident cover for you. it's third party cover for anyone you injure, also. Plus cover for legal expenses (go look what that can run to in the States).
Medical treatment isn't cheap. One scan , $1000+. Hospital bed, $800 pd. That's just an ordinary ward, not intensive care. Remember, you're just just insuring thta cost for you. You have to cover other people too.
And we haven't even MENTIONED income replacement, or lump sum compensation. Still reckon you could get all that (no reliance on the State) for $1500. I don't think so.
Originally Posted by skidmark
Originally Posted by Phil Vincent
Lump sum payments existed under the 1972 Act, were dropped in the 1996 (?) Act , then reinstated a couple of years ago. They are only for permanent disability. There is a 'cut off' trivial permanent injuries don't count.
The present Act (and all it's predecessors) already has a clause that allows ACC to refuse cover to someone injured committing a crime, if it would be "repugnant to justice" . Presumably this proposed change will be to extend that to cases where refusing cover would not be repugnant.
Originally Posted by skidmark
Originally Posted by Phil Vincent
$417 is going would hurt quite a few ownersCrackdown on ACC to ward off big levy hikes
http://nz.news.yahoo.com/a/-/top-sto...ig-levy-hikes/
ACC Minister Nick Smith wants to halve proposed levy increases by tightening and limiting entitlements.
ACC recommended increases in the work account levy from $1.31 to $1.89 per $100; in the earners account from $1.51 to $2.48 per $100. Also it said the motor vehicle account levy should go up to $417.28 from $287.
Dr Smith said the proposed increases were too steep and the Government was introducing legislation to halve them.
Key changes included:
* reversing 2008 income compensation extensions covering casuals, part-timers, non-earners and abatements for holiday pay;
* reversing vocational rehabilitation changes;
* introducing a 6 percent hearing loss threshold;
* reversing entitlements for wilfully self-inflicted injury and suicide;
* further restricting entitlements for criminals;
* allowing incentives for employers and vehicles;
* requiring more open reporting of ACC liabilities;
* And the previously announced decision to extend the date ACC had to be fully funded by from 2014 to 2019.
"These changes are necessary because ACC's claim costs have risen by 57 percent and its unfunded liabilities have grown from $4 billion to $13b in just four years," Dr Smith said.
Even that is going to sting a lont of incomes
ACC levies to rise average of $315 a year
Changes to ACC are likely to cost the family on the average income of $45,000 an extra $315 a year.
ACC has today released its proposals, which include increases to levies such as motor-vehicle registration.
Motorists will have to pay around $30 a year more, from $287 to $317, though increases to registration and a rise at the pump.
Levies for the self employed will increase by 16 cents, to $1.47 per $100 earned. Levy rates for no work claims will go up by 67 cents, which is roughly a 45 percent increase.
However Minister Nick Smith says the proposed increases are too high, so he will see that the rise is at least halved.
However that will see entitlements cut in some areas. Those cuts include stopping payments in cases of self harm or suicide, and where criminal behaviour is involved
. .Originally Posted by harold
Originally Posted by skidmark
Originally Posted by Phil Vincent
No. they don't . And if they did ACC would have to refund it. This urban myth keeps surfacing. It si simply wrong.
The only ACC componenet of any AMATUER sport club , is the ACC levy that the club may pay as an employer.
I challenge anyone to produce an ACC receipt or levy statement showing a levy to members.
Originally Posted by skidmark
Originally Posted by Phil Vincent
It's a $200 fine for having an out-of-date registration, is it not?
As the Herald article pointed out, if annual rego costs for a motorcycle go over $800, it becomes an obvious move to simply put your bike's registration on hold.
It's a pretty good bet that even riding daily, one would be ticketed for that less often than every three months.
Edit: I see this point has been well addressed in the main thread on the topic.
kiwibiker is full of love, an disrespect.
- mikey
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