ACC privatization plans unnecessary and unfair, says EPMU
The ACC privatisation plans unveiled today by National and ACT are unnecessary and unfair, says the Engineering, Printing and Manufacturing Union (EPMU).
“Plans to privatise ACC unveiled today by National and ACT are unnecessary and unfair because ACC has not made a loss since the 1980s, is presently making surpluses and has huge reserves,” says EPMU national secretary Andrew Little.
“The only reason for this sort of privatisation would be to allow a massive transfer of wealth from the government to private insurance companies.”
“Experience rating and provider competition has only ever made ACC rights worse for workers, not better.”
The EPMU represents around 45,000 members across eleven industry sectors and takes an active interest in employment law.