If National wins the election, it will privatise the Work Account of ACC (and maybe other ‘profitable’ accounts). We know that this may have negative effects on coverage for workers but the problems go further taking out the Work Account may compromise the whole ACC system.
Insurance companies would make $200 million in profit, most of which goes overseas, and the rest of us will be left with a financially criplled ACC, which will need higher levies to survive or will collapse.
Voting National means profits to Aussie insurers, which we will pay for in worse work coverage and higher levies
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