Right now ACC is consulting on setting the 2010/11 levy rates. Legislation requires us to consult levy payers about any changes we want to make to rates and regulations before we take our recommendations to the Minister for ACC. You have the opportunity to have a say on our proposed rates for the coming year by making a submission during our consultation process.
We set separate levies to cover the costs of work-related personal injuries, non-work related personal injuries, and personal injuries involving moving motor vehicles on public roads. These levies are paid by employers, self-employed people, employees and motor vehicle users.
Why are we proposing to increase levies?
The need to increase levies has been driven by many factors. These include an increase in the number of claims we receive annually, and rising costs of providing ACC’s services. We are also taking a more realistic approach to estimating future costs and liability. Other factors such as the global recession have had a compounding effect, by reducing ACC’s return on investments which we use to help fund our services, and also making it more difficult to return injured people to work.
Consultation discussion documents
We have published our proposed rates for 2010/11, and the basis on which we’ve made these proposals, in the following documents:
? Work levy rates that provide cover for work-related personal injuries.
? Earners’ levy rates that provide cover for non-work related personal injuries.
? Motor vehicle levy rates that provide cover for personal injuries involving moving motor vehicles on public roads.
To get a copy of any document you wish to see or a copy of the actuarial advice upon which we have based our proposed rates, visit the ACC website www.acc.co.nz/consultation, call 0800 ACC RATES (0800 222 728), or send an email with your request to consultation@acc.co.nz
Making a submission
To make a submission, you need to write to us advising us what you think. As well as commenting on the proposed levy changes for the year, you can comment on all aspects of the ACC Scheme.
Your submission must include: Your name
Your address
Your contact telephone number(s)
You can send your submission: By post: Levy Consultation
ACC
PO Box 242
Wellington 6140
By facsimile: (04) 918 4395
By email: consultation@acc.co.nz
Deadline for submissions: 5.00pm, 10 November 2009
Please note that all correspondence and submissions on this matter may be subject to a request under the Official Information Act 1982.