ACC: The accident compensation scheme
In return for the right to sue for accident compensation the Accident Compensation Corporation (ACC) of New Zealand provides accident cover for all New Zealand residents and temporary visitors. This unique system is celebrating its 30th year anniversary.
This system covers all injury no matter who is at fault.
It even covers mistakes made by registered medical practicioners and organisations such as doctors, nurses and hospitals. ACC calls this "medical misadventure."
The aim of this system is to prevent costly and long hours in court proceedings for accidents in the work place or from anyone.
The ACC is funded by employer and employee contributions and direct funding from the central government, just to name a few.