Language can evoke differential responses according to the particular setting in which it is employed. A term such as ‘the third way’ presently has something of a ‘New Age’ ring to it. However, there is very little of the ‘New Age’ in workers’ compensation unless one has reference to the workers’ compensation statutes in some southern American states which encompass faith healing among the areas of para-medical interventions which are compensable by the workers’ compensation system. However, there is indeed a particular resonance of this term for a United States audience given the propensity there to utilise a form of short-hand designation of the financing structures of various jurisdictions in terms of whether they are a oneway, two-way or three-way system. A three-way system is one in which there is private insurance, selfinsurance and a State-owned insurer which operates in the market along with private insurers.