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Mesothelioma Aid : Financial Plan For Mesothelioma Patients - III

Thursday, July 16, 2009

Compensation from Asbestos Industry

Mesothelioma is a rare form of cancer which is associated with exposure to asbestos. Those who are diagnosed most often worked in construction trades, or at industrial sites such as shipyards, power plants, refineries, paper mills, manufacturing plants, and foundries. Many Navy retirees who served their country proudly aboard ships in World War II and Korea were exposed to asbestos as machinist mates, firemen, and boiler tenders. Wives were exposed when they did the laundry of husbands who brought asbestos fibers into the home on work clothing. Because of the long latency period involved in asbestos cancer (mesothelioma), those exposed to products in the 1940s, 50s, 60s, and early 70s, are just now being diagnosed.

People are often surprised to find out that compensation may be available to mesothelioma victims from the asbestos industry. This compensation can provide financial security and allow for peace of mind while families try to come to terms with the results of a mesothelioma diagnosis.

It has been proven in part through internal company documents, in part through the testimony of company employees, and in part through medical literature compiled by these companies, that product manufacturers were aware of the dangers of asbestos as early as the 1920s. For over 50 years, until the government stepped in the1970s, manufacturers actively conspired to keep their knowledge of the hazards of asbestos secret. Now, many of these manufacturers are willingly negotiating settlements.

Filing for Compensation Early

Taking care of your medical needs is always the most important matter to consider when you have been diagnosed with mesothelioma, but sometimes financial pressures can make treatment decisions more difficult. Compensation from the asbestos manufacturers is one way to help ease financial concerns over the cost of treatment as well as seeing that your family’s future is made more secure. It is generally a good idea to look at compensation in the same way that you approach your medical decisions – as an option you have to maintain control over your life.

Filing your claim early on is important for several reasons:
  • Freedom of Choice for Treatment - Mesothelioma is still considered a relatively rare cancer, and therefore, it is sometimes important to seek a second opinion or surgical option from a mesothelioma specialist. Unfortunately, these doctors may be located some distance from where you live, and there may be costs for transportation and lodging as well as for medical services. You may also wish to participate in a clinical trial which are normally offered only at a limited number of cancer facilities. In short, not every medical option may be available locally, and having the financial freedom to consider every option soon after diagnosis is important.
  • Statute of Limitations - Every state has a Statute of Limitations, or a time period in which you may file a claim. Once the Statute of Limitations has expired, you forfeit the right to compensation. The rules governing when statues go into effect may vary from state to state.
  • Information Necessary for the Claims Process - There is information relative to your work history and asbestos exposure that you can supply better than anyone else. If you become too ill or pass away before filing a claim, it will be that much more difficult to establish how, when, where and to what products you may have been exposed.
For more information on state statutes of limitations or information related to the claims process, contact a mesothelioma attorney.


ana said...

interesting topic

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