Thread: privatising ACC
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Old 3rd July 2008, 20:33     #17
Golden Teapot
Love, Actuary
 
Quote:
Originally Posted by Waldo
I thinks its a bad idea.
It would be a very bad idea if ACC ran like a modern and efficient insurance company. I'll give them credit, they are trying e.g. they have a Silver Award under the Baldridge framework. However, they are subject to political interference and absurd attacks by the media. So, they're inefficient, and private insurers could do better.

A state insurer should be better. But, in the real-world this never works out.
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