Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Security to be restored to workplace insurance

22 December 1999

Security to be restored to workplace insurance

"The Government has honoured a key election pledge today with the introduction of legislation to dismantle the privatisation of workplace insurance," Accident Insurance Minister Michael Cullen said.

The Accident Insurance [Transitional Provisions] Bill has been referred to a special select committee for report back by 29 February.

Key provisions are:

-· ACC to be restored as the single accident insurer from 1 July, next year. ·

-The self-employed, new employers and the uninsured to be covered by ACC from 1 April. ·

- Private insurers' ability to write new workplace accident insurance contracts to be repealed at 1 April, next year. ·

- All private accident insurance contracts to be cancelled from 1 July. ·

- The Accredited Employers' Programme to be reinstated from 1 April.

It is a transitional measure only. More comprehensive legislation will be introduced into the House at the earliest opportunity next year to deliver the rest of the Government's ACC agenda.

"We are committed to restoring the focus on community responsibility which characterised the original principles of the ACC scheme and to reintroducing lump sum payments. We also plan initiatives to promote a stronger emphasis on rehabilitation and accident prevention," Dr Cullen said.

"These reforms and the elimination of National's ill-conceived market regime are fundamental to the Government's social policy framework.



"When ACC was formed in 1974, New Zealanders gave away the right to sue in exchange for guaranteed entitlement on a 24-hour no fault basis. Successive National governments have chipped away at that contract. This Government is determined to protect it.

"That is the basic philosophy underlying our repudiation of the competitive model.

"But we also have strong practical reasons for our decision. ACC has achieved significant efficiency improvements in recent years and the Government is confident that the average levy rate from 1 July, next year will be no higher than average premiums are now.

"I would expect that for many firms, they will be lower. Certainly they should be more stable and predictable over time as overseas experience of the private workplace insurance market is that premium rates are highly volatile.

That is not good for business planning and it is not good for the economy," Dr Cullen said.


ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

National Terrorism Threat Level Moves To Medium
Medium is defined as a terrorist attack is assessed as feasible and could well occur. The new level remains higher than it was before the 15 March terrorist attack when the threat level was low. More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Environment Aotearoa 2019: Report Warns Environment In Serious Trouble

The report is jointly produced by the Ministry for the Environment and Statistics New Zealand, and is a follow on from the last report in 2015.

The report says the way New Zealanders live and make a living is having a serious impact on the environment, and the benefits New Zealanders get from being in nature, though not measured or quantified, could be lost. More>>

 

Gordon Campbell: On Scrapping The Capital Gains Tax

As PM Jacinda Arden said yesterday, there was no point in Labour bringing a proposal into the House that it didn’t have the votes to get passed. Looking back, maybe she always felt this outcome to be inevitable... More>>

ALSO:

City Rail Link: Billion Dollar Cost Rise (And Preferred Bidder)

The revised cost envelope for completing the entire Auckland City Rail Link project now totals $4.419 billion. The revised cost has yet to be endorsed by the project’s sponsors (the Crown and Auckland Council). More>>

ALSO:

Meth Scare: Debt Write-Off For HNZ Meth Testing Evictions

People living in Housing New Zealand (HNZ) properties who were wrongly evicted because of flawed methamphetamine contamination policies will have their related debts with the Ministry of Social Development (MSD) written off. More>>

ALSO:

RNZ Report: Fears Grow For NZ Nurse Kidnapped In Syria

A New Zealand nurse working for the Red Cross was captured by Islamic State (IS) in Syria more than five years ago, and there are now public pleas for any information that could help bring her home. More>>

ALSO:

Streets Blocked In London: Climate 'Extinction Rebellion' Reaches Aotearoa

Across the world, thousands of people are taking part in a rebellion to avert climate, ecological and human catastrophe. This begins in Aotearoa New Zealand today. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels