During the recent election campaign Labour and their union masters campaigned against National’s plans to remove the Accident Compensation Corporation’s monopoloy on accident insurance provision.
To me this move can’t come fast enough. The sooner the private sector is allowed back into the accident insurace market the better.
I know a young woman who recently pinged her Achilles Tendon playing netball.
After several weeks off work, ACC decided she could come back to work for two hours per day.
The woman earns under $20 per hour. She lives about 30 kilometres from her workplace. Driving is not comfortable, busing is not convenient.
For those two hours per day (though she has done three or four some days) ACC (you and me) pays the woman’s taxi fares to and from work.
That’s $150 per day, $750 per week.
I wonder how often this kind of thing goes on?
Would a private company spend its own money this extravagantly?