Ability to choose good for ACC

Business NZ welcomes the agreement between political parties to open the ACC Work Account to competition subject to the work of the steering group considering the Stocktake of ACC Accounts.

Business NZ Chief Executive Phil O’Reilly says if well executed, the move has the capacity to be positive for everyone.

“The ability to choose is a key factor in gaining improved access to goods and services for people in all sectors of the economy. There is no reason why choice cannot also bring better service for claimants and more competitive pricing for premium payers.”

Mr O’Reilly said it will be important that the needs of employers and employees are taken account of in the work by the steering group considering the Stocktake of ACC Accounts.