ACC books plunge $7.2b into deficit

(Image: Getty)

Wed, 16 Oct 2024

The Accident Compensation Corporation concedes there’s room for it to tighten its processes, as it proposes increasing the levies it charges to help pay for rising claims costs.However, the state insurer warns the constrained health system is hampering efforts to get injured people rehabilitated, back to work in some cases and off its books.ACC said, in its just-released annual report, that “lower-than-expected rehabilitation performance” contributed towards it reporting a wider-than-expected $7.2 billion deficit in...

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