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Speaker 1: ACC if you didn't know US in some fiscal trouble. Again,

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Speaker 1: this isn't new. ACC has been in trouble for many,

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Speaker 1: many years. Last year, one point six million of us

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Speaker 1: managed to do something to ourselves which involved money four

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Speaker 1: and a half billion dollars worth. That's just rehab by

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Speaker 1: the way, four and a half billion. The total bill

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Speaker 1: is seven billion dollars. It's an astonishing amount of money.

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Speaker 1: And the problem is what we pay doesn't cover what

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Speaker 1: goes out. ACC run a scheme whereby money is invested

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Speaker 1: in the hope that returns offset the bills. I personally

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Speaker 1: pay thousands of dollars a year and have done so

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Speaker 1: for decades to this day. I've never claimed ascent. The

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Speaker 1: original idea was a no fault scheme. This as opposed

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Speaker 1: to a US style scheme whereby we lay blame and

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Speaker 1: get lawyers. Sixteen thousand people did something to themselves in

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Speaker 1: the garden last year and claimed millions. Previously, physio has

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Speaker 1: been an issue where does physio start? And stoppell? Who

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Speaker 1: would know? But let's have another three sessions while we

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Speaker 1: decide shall we go to any doctor with anything that

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Speaker 1: hurts in the first thing they do is start tapping

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Speaker 1: away on an acc claim. Like most of these altruistic ideas,

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Speaker 1: somewhere along the way we lost the plot. It might

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Speaker 1: be we need to tidy this whole thing up foolishly. Perhaps.

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Speaker 1: I've always seen a SEC as work related. If you

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Speaker 1: injure yourself and can't work, that's its value, not if

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Speaker 1: you cut your finger pruning hydrangers. We had a family

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Speaker 1: member who was off work for months, I think too

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Speaker 1: many months. They wouldn't let him back. I mean, he

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Speaker 1: wanted to go back, but they kept saying, oh, just

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Speaker 1: in case. I wonder if there's too much just in

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Speaker 1: case going on the risk payments, they seem to work

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Speaker 1: to a degree. I mean forty percent of the payouts

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Speaker 1: are in construction, manufacturing, agriculture, fishing, as sort of place

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Speaker 1: as you'd expect. I pay as a journalist, even though

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Speaker 1: I'm not a journalist, but they can't work out what

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Speaker 1: I am or how to charge me. And part of

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Speaker 1: that journalist. By the way, the premium is the risk

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Speaker 1: of going to a war zone. I can tell you

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Speaker 1: journalists generally in New Zealand don't go to war zones anyway.

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Speaker 1: One point six million, with two million claims and an

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Speaker 1: all up cost of seven billion dollars in barely over

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Speaker 1: two years. Do the maths extrapolate them out and barely

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Speaker 1: over two years, Basically every single one of us is

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Speaker 1: going to claim that's not right, it's not normal, and

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Speaker 1: it's why they can't pay their way. The cystem doesn't work.

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Speaker 1: For more from The Mic Asking Breakfast, listen live to

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Speaker 1: News Talk Set B from six am weekdays, or follow

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