Tuesday December 11, 2018


Wednesday, 01 November 2017 11:39

ACC predicts future investment revenues will fall ACC predicts future investment revenues will fall

Accident Compensation Corp's investment team delivered a net 5.7 per cent return on assets in the 2017 financial year, outperforming its benchmark for the 22nd year, but warned its returns may fall behind increasing claims. The investment portfolio grew to $36.63 billion as at June 30 from $34.67b a year earlier, generating revenue of $2.05b in the 12 month period, ACC said in its annual report. Investment revenue was ahead of the $1.46b that the state-owned workplace insurer budgeted for, but down from the $3.25b it made in 2016. Still, ACC reported a net surplus of $607 million, compared to…
Saturday, 19 December 2015 15:19

Patients suing over failed hip implants

Patients fitted with failed metal-on-metal hip implants are suing the manufacturer over the damage caused by its faulty products, in some cases leading to life-long disability. In a statement, lawyers acting for a group of 20 New Zealand claimants said legal action was being taken against multinational surgical manufacturer DePuy International. The medical company developed a hip implant technique with metal parts which was put in about 400 New Zealanders before being recalled for being faulty.
Wednesday, 09 December 2015 08:05

Inquiry into ACC issues welcomed

ACC claimant advocacy group Acclaim Otago has welcomed an announcement by ACC Minister Nikki Kaye that a senior lawyer will investigate access to justice issues highlighted in a recent report. An Auckland lawyer, Miriam Dean QC, will undertake an independent inquiry into the issues in the ‘‘Understanding the Problem'' report, initiated by the advocacy group, and released in July. And Ms Kaye also simultaneously announced the terms of reference for wider consultation, to be completed by next March, on a proposal to establish an Accident Compensation Appeal Tribunal.
Wednesday, 09 December 2015 07:09

More info needed before proper review of ACC appeals process can be made

Including a strike-out provision in appeals against Accident Compensation Corporation court decisions won’t solve the problem of access to justice, says Dunedin barrister Warren Forster. Mr Forster, who led a study by the University of Otago Legal Issues Centre and support group Acclaim Otago which finds claimants have a low success rate against ACC, says officials and independent researchers do agree the problems with the system include: access to justice, time frames and a market failure for legal services and medical evidence.
Tuesday, 08 December 2015 06:29

ACC Access to Justice Report’s Authors Welcome Inquiry

Acclaim Otago Inc and the authors of the Understanding the Problem report welcome the Minister for ACC, the Honourable Nikki Kaye’s announcement of Miriam Dean QC’s inquiry into four of the issues identified in their recent report. The Minister simultaneously announced the terms of reference for wider consultation on the Accident Compensation Appeal Tribunal proposal. Mr Forster, lead-author of the previous report says “it is encouraging that the Minister has decided to inquire into the problems we have identified as these issues will really benefit from a rigorous analysis by someone with access to government resources.”
Tuesday, 08 December 2015 06:05

Wellington lawyer says proposed tribunal for ACC appeals a worry

More resources for claimants battling ACC in court is what the system needs, not a specialised appeal tribunal says Wellington lawyer John Miller. And that is what he will ask for in his submission on the proposed Accident Compensation Appeal Tribunal, announced yesterday by ACC minister Nikki Kaye. Finding independent medical advice to counter ACC claims is very difficult in New Zealand, and more resources would give claimants the financial ability to find and engage suitable expertise, Mr Miller told New Zealand Doctor.
Wednesday, 02 December 2015 06:15

Data breaches hit record

Privacy commissioner says anonymous reporting meant real numbers unknown. A stolen handbag containing names of hundreds of patients who had undergone a sensitive medical procedure was one of a record number of data breaches reported in the past year. The Office of the Privacy Commissioner received 121 data breach notifications in the past financial year, its just-published annual report shows.
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