If you are suffering from a WTC related cancer which is the result of the cloud of toxic dust which descended on the city of New York after 9/11, you may wonder what level of compensation you can expect for your “economic losses”. “Economic Losses” are often the largest part of a Victim Compensation Fund award and can result in awards of over one million dollars.
What is “economic loss”?
Economic loss is the compensation that would have been available to the injured individual (or eligible family and/or survivors) and may include:
- Loss of earnings or other benefits related to employment because of disability or death; and/or
- Medical and other out-of-pocket expense loss;
- Replacement services loss.
Economic loss consists of two aspects – prior loss and future loss. Of course every case is different, but if you were disabled and unable to work, or limited in your ability to work due to 9/11-related injuries or illnesses, you will receive an award for lost earnings, past and future. You may also be eligible for compensation for loss of household services, past and future.
These awards are not made on speculation; rather each claimant must submit a properly prepared, fully documented claim for economic losses. The claim must clearly document the value of benefits and pensions in order to ensure full compensation. This is a difficult task and there are many hurdles to overcome and potholes to avoid. Depending on a variety of factors, properly documented claims for economic losses can amount to several million dollars.
Getting the Help You Need for 9/11-Related Illnesses and Injuries
The award of economic losses related to employment will depend on many factors such as age, salary at the time of the terrorist attacks, expected salary for the years following 9/11, expected benefits and expected pensions. This means the economic losses could vary greatly from one survivor to another. Many of those who survived the attacks as well as those who spent weeks in recovery and clean-up after the attacks have developed cancers related to 9/11 which will require extraordinary and expensive medical care.
Turley Hansen & Partners have the resources and experience needed to represent first responders and survivors of 9/11 cancers and maximize their “economic losses”. We can help you obtain the compensation you need to pay for all your medical expenses and any long-term care you may now require. Call us today at 1-855-WTC-INFO (1-855-982-4636) to discuss your “economic losses” under the September 11th Victim Compensation Fund.