Accident Compensation Corporation - Statement of Corporate Intent ...

Outcome 1:
Ensure the ACC Scheme is financially
sustainable and represents value for
money
This outcome reflects the importance of ensuring that ACC is financially sustainable, and
therefore able to provide rehabilitation for people with injuries covered by the Scheme now and
into the future. Financial sustainability is the platform from which ACC will be able to achieve its
other outcomes.
Typically, an organisation’s funding is considered to be the means through which an outcome
is achieved and is not an outcome in itself. However, given ACC’s legislative requirement to
be fully funded, and its ongoing cost pressures, financial sustainability remains ACC’s first
outcome.
Why is this a priority?
The Government’s most important priority is to ensure the Scheme has a financially sustainable
structure that will deliver affordable levies.
ACC’s primary role is to provide effective rehabilitation for injured people who are covered. It
has an obligation to deliver quality outcomes for clients, while also demonstrating value for
money in its use of levy payers’ investment in the Scheme.
While delivering successful client outcomes is critical to the Scheme’s success, so too is ensuring
that these outcomes are achieved at a reasonable cost.
ACC has control of how it manages its operations and administers the Scheme. It can influence
costs through:
• claim volumes (through preventing injuries and provider and community education)
• claim costs (through providing early and effective rehabilitation programmes to better
manage claim durations)
• the unit costs of health care (through its purchasing arrangements).
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