Friday, November 25, 2011

Thousands of Australian Recipients Reimbursed

excerpts from the Rottenstein Law Group posting

According to a WAtoday article titled, “Regulator Dithering Put Hundreds of Hip Patients at Risk,” the Australian government estimates that 5,570 people received a recalled DePuy hip replacement, and of them, 430 underwent revision procedures. That’s 7.7 percent of all recipients. More interestingly, it reports that J&J reimbursed more than 3,500 claimants with a total amount of $21 million Australian dollars. At the time of publication, that’s $21.6 million U.S. dollars, roughly the same amount. On a per capita basis, that’s around $6,000 each in either currency. Assumedly, those whose hip replacements were revised received a disproportionately greater reimbursement. It appears J&J has paid out money to around 62.8 percent of all its Australian recipients.

[I am not sure what this means though.  Does this mean that this payout was that which was used to cover the surgery and medical expenses or what?  Very small amont of money based on prior suits for what might be termed "pain and suffering."]

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