To get the same cover provided by ACC would probably cost more via private if it was even available
Worst case scenario
Paraplegic
Mobility Van that you can drive $110,000
Wheelchair -$15,000 plus upgrades over years as you get older
Housing mods, ramps etc. $50,000 at least
Loss of income $a lot
Find a private medical cover that covers all that...
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So it covers residual & ongoing claims too, not just new. Good.Originally Posted by Keith McLea
But where does the funding for the costs of acute care and claims that only require medical treatment come from? And what is ACC funding if it's not those?![]()
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Originally Posted by skidmark
Originally Posted by Phil Vincent
No it's called Life Insurance now....it used to be "Assurance" as you are assured of dieing and they changed it to Insurance....same thing because you are insuring for an event.
If you have an accident you are guaranteed of payment....
We are singled out because we are a higher risk...so in essence we actually single ourselves out....no different to Workplace levies....or say Commercial Insurance where you pay higher premiums if you are a higher risk...so that's the way it is and we are not singled out...
If you chose to ride a bike you are a higher risk...no argument...if you are say a self employed welder you will pay more for Public Liability insurance...
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