GM Victim Fund for Non-Catastrophic Injuries
At the end of June, General Motors and compensation specialist attorney Ken Feinberg announced the details of its long-awaited GM settlement fund. According to the fund’s established protocol, ignition recall victims who choose to submit claims under the GM fund are broken into three groups: Individual Death claims, Category One Physical Injury claims, and Category Two Physical Injury claims. The following is a look at what sort of compensation is being offered for those who suffered Category Two type injuries.
What is a Category Two Physical Injury Claim?
In order to understand what Feinberg and GM calls Category Two injuries, it’s important to first know what constitutes a Category One injury. According to Feinberg’s guidelines, a Category One injury is includes the following: “quadriplegic injuries, paraplegic injuries, double amputation, permanent brain damage requiring continuous home medical assistance, or pervasive burns encompassing a substantial part of the body.”
Category Two injuries are any other injury that required overnight hospitalization of at least one night within 48 hours of the accident. Category One can also include, in “extraordinary circumstances,” injuries that required outpatient medical treatment. Those injuries will be reviewed on a case by case basis by Feinberg.
Category Two Payment Plan
The following payment schedule, according to the GM settlement fund website, will be applied to eligible Category Two claims:
- Hospitalization of no less than 32 overnights ($500,000)
- Hospitalization of 24 to 31 overnights ($385,000)
- Hospitalization of 16 to 23 overnights ($260,000)
- Hospitalization of 8 to 15 overnights ($170,000)
- Hospitalization of 2 to 7 overnights ($70,000)
- Hospitalization of 1 overnight ($20,000)
In cases where outpatient treatment was provided, eligible claimants will be paid $20,000 for medical treatment.
Thomas J. Henry Represents GM Recall Victims
Thomas J. Henry is representing more than 1,000 GM recall victims across the United States and has been investigating injuries and deaths linked to the recall since day one. The firm launched a nationwide media investigation into the recall in April, which brought forth thousands of affected individuals who had information critical to the investigation – information that the firm has handed over to federal agencies also investigating GM’s sluggish response the recall. As more and more individuals have flocked to Thomas J. Henry for representation, the firm has continued to push GM for a victim settlement fund. The firm has had several talks with GM’s victim compensation expert Ken Feinberg regarding appropriate victim compensation for the thousands affected by a fatal design flaw in ignition switches which left numerous dead and countless others seriously injured.
AUTOMOBILE ACCIDENT RESULT
$1.8 MillionExpenses: $20,000.00 | Attorneys Fees: $765,000.00 | Net to Client: $1 Million
AUTOMOBILE ACCIDENT RESULTS
$2 MillionExpenses: $78,475.96 | Attorneys Fees: $850,087.96 | Net to Client: $1,071,436.00
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