Our beloved masters have suggested that we could enjoy lower premiums if we accept lower standards of service: http://www.nzherald.co.nz/nz/news/ar...ectid=10685770
My guess is that over the next few months/years we'll see two tiers of ACC cover coming in - a low grade at the kind of premiums we're used to, and the kind of ACC cover we're used to at a high premium. Then a PPP will be announced, probably with an international insurance company, offering something in between, and premiums will be determined by your risk profile in the same way insurance premiums are calculated, or you can exclude cover for specified activities (motorcycling for instance) and get a lower premium.
And the people will be happy because they'll only be paying a little more for a little less.
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