ACC privatisation no good

[Motig]

Phil In (Goff) is a feet-down wobbler

Please leave my personal riding style out of this arguement, thankyou.

[peasea]

What fucken bullshit.These civil servant wankers like nothing more than building their empires with our money and then sponsoring stupid ads on the TV and crap like the Pacifica festival

Not to mention giving themselves fat salaries....

"Publication of ACC's hard-nosed measures is bad timing for the state insurer. As it prepares to slash entitlements, it was revealed that the wages bill for ACC staff in the last year had blown out from $187m to $217m. While the government preaches restraint in the public sector, two ACC executives are now being paid more than $500,000 a year, with eight others on salaries of $300,000 or more. A further 18 ACC executives are taking home between $200,000 and $300,000."

Gotta pay them shiny-bums some how and how better to do it than to tax the crap out of some greasy bikers?

[Digitdion]

Just a short note. I remember when ACC was privatised in 1998. The Australian insurance company our business insured with went into liquidation in 2001. I have no idea what happened to the existing claims but guess they were all handed to ACC. Fortunately by then ACC was compulsory and back on track.

The calls here on many threads for privatisation are understandable but ill-considered. Insurance companies only exist if they can make a profit. They must do so for their banks and shareholders.

No insurance company deliberately creates a loss-leader like motorcyclists. There is no political or economic benefit in being kind to a small group - unless our MPs all start riding bikes.

ACC does not exist to make a profit. That may mean it's a bit generous sometimes but we benefit. I'd much rather have that than an insurance assessor checking every few days and suddenly ruling off your compensation.

Bloody Funny. The Bit about ACC being Generous. When was That? Certainly not now. They have a new favourite excuse. Sorry, its wear and tear. Tough Shit! I suppose we should all consider ourselves lucky riding a motorbike. As if you get splatted or someone else bowls you over they can not use that bloody excuse! So all we have to do is make sure if you are going to crash to make sure you do it good(but not to good). Then ACC will be extremely generous.

Fuck, we are lucky us Motorbikers. Pay shit loads in levies(if it goes through). At least we can hurt ourselves properly so they can not give us the cold shoulder.

I wish i could beam myself and my 990 back in time when we did not have to endure all this bull shit!

[JohnR]

Just a short note. I remember when ACC was privatised in 1998. The Australian insurance company our business insured with went into liquidation in 2001. I have no idea what happened to the existing claims but guess they were all handed to ACC. Fortunately by then ACC was compulsory and back on track.

The calls here on many threads for privatisation are understandable but ill-considered. Insurance companies only exist if they can make a profit. They must do so for their banks and shareholders.

No insurance company deliberately creates a loss-leader like motorcyclists. There is no political or economic benefit in being kind to a small group - unless our MPs all start riding bikes.

ACC does not exist to make a profit. That may mean it's a bit generous sometimes but we benefit. I'd much rather have that than an insurance assessor checking every few days and suddenly ruling off your compensation.

I agree. Be careful what you wish for with regard to privatisation.
Any insurers willing to take this on will use current ACC figures, as "tweaked" as they appear to be, to set the premium rates for this kind of insurance.
They will then add additional costs for administering it...and then add a profit margin!
All this along with drastically reduced qualifying criteria and finite ongoing care will be nothing like the deal we get from ACC, as broken as it seems to be at the moment.