Disgraceful ACC Surplus

In 2010/11 ACC  recorded a surplus of $3.5 billion. We say that this surplus is a disgrace and it shows that the Corporation has forgotten the reason for its existence. 

The money ACC receives is for the purpose of paying and rehabilitating people who have been injured. There are many people who have not been fully paid for their necessary treatment, or who have been worn down by harsh ACC practices and who just give up on pursuing their entitlements. How many of these people are unable to get back to where they should be in life because ACC won’t pay?

ACC needs to be paying more to get their clients back on track. If after making those payments, ACC still has a  surplus then this means they have sucked far too much, in ACC premiums, from hard working individual New Zealanders and businesses. A surplus of this size is tangible proof that ACC is letting down its injured clients, or the people and business who pay its levies – or both. Either way: it’s obscene.