The cat just jumped out of the bag

[short-circuit]

This is just dogma, as is the assertion that competition will reduce costs for coverage. It may for certain individuals, or even certain companies, but overseas systems, including in Australia, cost more overall.

From the PriceWaterhouseCoopers 2008 Report into ACC


Everybody should read the PWC report attached before making their minds up about the benefits of competition or privatisation of ACC.

Private insurers will all hike their premiums in unison over time and slash eligibility criterea. That is how privatisation works.

NZers are so gullible - they wanted "a change" with this government and pursued it blindly.

[rok-the-boat]

Fact is though - ACC can't manage its books. They are firing 500 admin staff from hospitals too - they can't manage their books either. Government always fails at business oriented projects as they tend to pay whatever people demand. At the other end, private companies rip us off and give worse service.

Think about this - in the US a student graduates with $100,000 plus of loans to pay back - that is a bloody mortgage. Who in their right mind would lend such $$$ to students - the banks of course. And why do they lend so much - because the universities put their fees up. And why do they put their fees up? Because they know the government will allow the banks to give loans to the students. Government means to do well, but basically, they are taken for a ride by everyone. If the govt refused to allow banks to give student loans, university fees would drop ... common sense. But profs and Unis lobby government ...

ACC is probably no different. They pay out whatever is demanded and they pay too much.

[Stan]

On Morning Report this morning, Roger Bell from Insurer, Vero, was talking about the things that private providers would have to do to make it viable. He talked about risk management and CLAIMS PREVENTION.

If you're not sure why thats a bit scary, ACC talk about Injury Prevention, you know, supporting rider training like Ride Right Otago and the Ride Forever campaign. They're trying to reduce the number of people getting injured.

The insurance companies don't give a fuck about how many people get injured, they'd just like to reduce the number of claims.

Check out the audio here:

http://static.radionz.net.nz/assets/...ition-m048.asx

[FJRider]

But Maori Party MPs are all electorate not list.

Actually .. I recall most of them (if not all) hold Maori seats, not general Electorate seats. Four of the seven available.

And when those get abolished ....

I guess seats are seats ...

[dipshit]

I do not understand why the Govt is not bright enough to see if a car hits a bike it should be the car's insurance cover that pays and not other motorcyclists assuming the accident is the car owners fault.

At the moment the government pays for the medical treatment either way.

And we are only talking about a 60/40% split of cars drivers being at fault.