A Short History Of ACC
1967- Woodhouse Report recommends comprehensive 24 hour cover, no fault scheme for compensation of personal injury. Benefits to relate to earnings. Workers' compensation system dismantled and the right to sue for damages removed.
1972 Accident Compensation Act establishes Earners' & Motor Vehicle Accident Schemes. Accident Compensation Commission established to administer both schemes.
1973 - Accident Compensation Amendment Act (No 2) extends coverage of principal Act to all persons not covered by the two existing schemes.
1974 - Accident Compensation Commission up and running.
1979 - Government Committee set up to review the Act since 1974, chaired by Derek Quigley MP.
1982 Accident Compensation Act:
pay-as-you-go funding
employers' obligations
drops from 100% to 80% for first week following a work
accident.
1991 - Budget night announcement "ACC - A Fairer Scheme".
1992 Accident Rehabilitation and Compensation
Insurance Act:
scheme separated into different
accounts ;
earners premium
introduced;
experience rating discounts and
loadings for employers;
entitlements specified
in regulations;
weekly compensation calculation
specified;
lump sum entitlements replaced by
Independence Allowance;
Accident Compensation
Appeal Authority scrapped - District Court takes over its
role
1992 – 1995: various minor amendments to 1992 Act
made.
(1995/96 employer premiums = $2.18 per $100 wages
or salary)
1996 Accident Rehabilitation and Compensation
Insurance Amendment Act (No 2) 1996
(1996/97 employer
premiums = $2.55)
independence allowance
assessed using the AMA Guides
rates
increased
Work Capacity Assessment
Procedure;
ACC now able to purchase health and
rehabilitation services;
some minor changes to
the calculation of weekly compensation;
changes
to rehabilitation allowing flexibility and
discretion.
1998 Accident Insurance Act
(1997/98 ACC
employer premiums = $2.67)
Employers Account now
managed by private insurers. ACC not allowed in this
market. Self employed allowed to choose to stay with
ACC;
Office of the Accident Insurance Regulator
established to oversee the private market;
ACC
split into business units
all accounts
(excluding non earners) moved back to full
funding;
objectives of rehabilitation changed
1999 Accident Insurance Amendment Act and Accident
Insurance (Transitional Provisions) Acts: (1998/99
Employer premiums = $1.42- 1999/2000private market employer
premiums = $1.21)
restored ACC as the sole
provider of workplace accident insurance;
provided the framework for ACC to introduce the Partnership
Plan and the Safety Management Practices products.
2000
Injury Prevention and Rehabilitation Bill
introduced
(2000/01 employer premiums =
$1.16)
2001 (2001/02 employer premiums = .90 c)
(please
note- because ACC is so incredibly complicated these rates
can change with
interpretation!)