
BREAKING NEWS UPDATE 02/21/08
The areas that will be covered in this newest update are as follows:
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Update on processing and payment
of Notice of Intent or conditional Claimant claims |
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CLASS 7-SILICONE GEL MATERIAL CLAIMS Approximately 11,848 Class 7 claims have been approved for either an Expedited Release Payment ($600) or a Disease Cash Out ($3,000). The total fund is $57.5 million and $16 million has been paid out to date. The SF-DCT expects to complete all Proof of Manufacturer reviews within the next year. As POM claims are being approved, the SF-DCT will send either the Expedited Release Payment to eligible claimants who selected this option or a Disease Cash Out Offer to claimants who selected the disease review. There is approximately 10,263 Proof of Manufacturer files pending review, and 872 Disease claims pending review, mostly in Disease Option 1. At this time the SF-DCT is “not” processing Class 7 Disease claims and likely will not process any disease claims until the POM reviews are complete. UPDATE ON PAYMENTS OF “ADDITIONAL” AND “PREMIUM” PAYMENTS TO CLAIMANTS IN CLASSES 9 AND 10-COVERED OTHER PRODUCTS The SF-DCT is currently mailing checks for “Additional” and “Premium Payment” to claimants in Classes 9 and 10 (certain covered Dow Corning implants EXCLUDING BREAST IMPLANTS) who have an approved Medical Condition claim. The payment Grid amounts are listed on the CAC web site (www.torcomm.org) Class 9 and 10 claimants who received a deficiency in their Proof of Manufacturer have until August 1, 2008 to submit documents showing they have a Covered Dow Corning implant. If acceptable proof is not submitted by August 1, 2008, then the claim in Class 9/10 will be permanently excluded form the Dow Corning settlement. UPDATE ON PROCESSING AND PAYMENT OF NOTICE OF INTENT OR CONDITIONAL CLAIMANT CLAIMS As previously reported, The District Court approved a Consent Order that allowed Notice of Intent (NOI) or Conditional claimants to be eligible for Explant and Rupture Benefits. NOI claimants do not have the return the NOI Acceptance Form because all NOI claimants are now deemed to be Settling NOI Claimants. If you think you may be an NOI claimant and did not receive a package sent by the SF-DCT, you should call the SF-DCT at (866)874-6099 to receive a package. The deadline for NOI claimants to file a claim for benefits is October 20, 2008. There are approximately 4,700 NOI claimants in Class 5 and 6. and of this number, over 2000 NOI claimants have not submitted a Proof of Manufacturer form. There are approximately 1,100 Rupture and 970 Explant claims filed by NOI claimants pending review in Classes 5 and 6. Processing of these claims should be completed with the next 120 days. Explant claims will be paid in full ($5,000) and Rupture claims will be paid in installments (the first payment will be $10,000) until all NOI claims are processed. If you are an NOI claimant, then you have additional time to have your Dow Corning breast implants removed to document and submit a Rupture claim. The deadline for NOI claimants to submit an Explant and/or Rupture claim is October 20, 2008. If you need financial assistance to have your implants removed, contact the SF-DCT and ask about the Explant Assistance Program. Please remember that the extension of the Rupture deadline applies only to NOI claimants. It does not apply to timely filed claimants, as the deadline to file a Rupture claim for timely filed claimants was June 1, 2006. |
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