Thursday, March 3, 2016

Why You Will Likely Make MORE Money if a Lawyer Handles Your Stryker Hip Settlement Negotiation

March 03, 2016 - Are you one of the thousands of consumers affected by a flawed Stryker Rejuvenate or ABGII hip implant device? If so, you, like most Stryker patients, could be facing mountains of medical expenses and lost wages due to your inability to work.  These expenses can be extremely large, plus you may also have pain and suffering associated with your recalled Stryker implant. Because the Stryker hip settlement could well be crucial to your financial future, it is understandable you would be concerned about getting the full award you are entitled to.

 

There were potentially 20,000 recipients of the Stryker ABGII and Rejuvenate affected by the Stryker hip recall which occurred in July 2012. After thousands of lawsuits were filed against the manufacturer, Stryker eventually proposed a settlement offer for those plaintiffs who had undergone revision surgery as a result of Stryker hip metallosis or cobalt and chromium poisoning. As one of those affected by the settlement, it is important that you understand exactly what compensation you are entitled to.

 

How Much are You Entitled to Under the Stryker Hip Settlement?

The Stryker hip settlement base award is $300,000, although the Stryker hip settlement enhancements could increase that base award by as much as $500,000. In order to qualify for those enhancements, it is critical your paperwork is all filled out properly and filed within the stated time limits under the settlement. Further, if you have not yet undergone a Stryker revision surgery, you may still qualify if you later undergo the revision surgery, so long as your Stryker hip attorney has filed a case on your behalf. Stryker has agreed, under the settlement terms, to suspend the statute of limitations for some Stryker patients who have revision surgery after the November 3, 2014 cutoff date.

 

How You Could Receive More Money with a Stryker Hip Attorney Handling Your Case

So, in addition to the fact that under the settlement terms, unrepresented claimants will immediately have their base award reduced by 29 percent, in fact the chances of receiving a much larger settlement with an attorney by your side are high. Having an extremely knowledgeable Stryker hip lawyer by your side from start to finish can not only help you receive more money under the Stryker hip settlement, it can also give you peace of mind during this difficult time. The nearly 90-page Stryker hip settlement agreement is complex, discussing such issues as Stryker hip metallosis, Stryker hip failure and Stryker hip revision surgery.

 

The document describes the many medical issues you may have dealt with as a result of your Stryker device and eventual revision surgery, and places a monetary figure on each. Yet if you are unaware of the enhancements you are eligible for, you won’t know to ask for them. Stryker will certainly not remind you of what you may have missed in order to give you a larger settlement. In the end, having an experienced Stryker hip attorney by your side could result in your receiving much more money for your Stryker Rejuvenate/ABGII Hip Implant case.

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