NZ & AU Compliance Risk Management Specialists

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Changes at ACC – the impact on employers

There is a $26.3 billion shortfall if things do not change by 2030… less than 4 years away!

Employers contribute approximately 60% towards ACC’s operational costs. It doesn’t take much to figure out where our levies are going and it isn’t downwards.

We are already seeing the impact of ACC’s cost cutting with exacerbated timeframes for ACC to action changes. Simple requests for levy code changes are taking months to implement. Claim reviews take even longer. Proactive claim management requires additional sign-off by ACC for simple actions that cost less than $1,000. All the while, employers are impacted. Slower return to work rates (larger penalties on your Experience Rating); cash flow is impacted because the levies are still due; frustration and time wastage in trying to get resolutions with ACC; etc.

Dr Oliver Hartwich, author of ‘ACC Half a Turnaround’, has crunched the numbers. Not only that, he has also presented a number of solutions that are worth noting and revolve around three steps: a 28-day rehabilitation guarantee, provider funding linked to recovery, and publication of the data behind those decisions.

Oliver is actively meeting with both government (i.e. met with the ACC Minister the Hon Scott Simpson) and ACC. We really enjoyed reading Oliver’s work. His solutions are practical and real and resonate with us. We have asked Oliver to join us on a webinar where we ask him the questions.

  • Why is there a $26.3 billion issue?

  • What does ACC need to do to change?

  • What should employers do to drive change?

  • What can industry associations and professional firms do to drive change?

This webinar is well aligned for employers who have 50 or more staff (CEO, CFO, HR, COO); industry associations; and professional services firms (HR, accounting, legal).

This webinar will be both insightful and practical.

https://us06web.zoom.us/webinar/register/WN_TAC0N6qIQwCxhcf0MO4tiQ