A Philips CPAP lawsuit settlement for economic damages was reached by the parties on September 7, 2023. According to the motion filed with the U.S. District Judge presiding over the Philips CPAP litigation, Philips has agreed to pay a minimum of $445 million to individuals who bought, rented or leased one of the recalled CPAP or BiPAP devices, and another $34 million to health insurance companies and others who paid to reimburse users to replace the machines.
Philips CPAP lawsuits over cancer and other injuries could be reached by the end of 2024. Earlier in April 2023, Philips CEO Roy Jakobs announced the company hopes to settle individual Philips personal injury lawsuits sometime in 2024. However, many experts predict this could take longer as the manufacturer will ultimately require billions to settle the growing number of Philips CPAP lawsuits over cancer, and other injuries experienced by former users.
While the exact amount of compensation can vary from case to case, there are several types of damages that may be available for those affected.
Understanding these potential damages can help individuals assess the value of their claim and guide them in seeking justice and financial compensation.
Here are some of the potential damages that may be included:
It’s important to note that the specific compensation available in this lawsuit can vary depending on the severity of the injuries, the impact on the individual’s life, and other factors. The value of these damages will be determined by the court based on the evidence and arguments presented during the legal proceedings.
You can find out if you qualify by answering the questions in the form, which takes 30 seconds.
~TIME RESTRICTIONS DUE APPLY~
Time to file a claim is limited. Fill out the form on this page to request your free case review.
A claim specialist will contact you within minutes for your free case review
Time to file a claim is limited. Get recovery for medical, lost wages and ease your pain and suffering.
Since the recall, a growing number of CPAP health issues have been reported to the FDA by users who found black debris or particles in CPAP masks tubing and headgear, reporting symptoms of:
These toxic particles have also been found to contain several carcinogenic chemicals and gasses, raising concerns that side effects of the Philips CPAP machines may cause several cancers, including:
Breathing the foam particles and chemicals may also cause various forms of long-term lung damage and respiratory injuries, including:
The Philips CPAP class action settlement has a specific portion dedicated to “Payer Awards.” This is meant for entities such as insurance companies who may have covered the costs of the devices for their customers. The amount each payer receives will be calculated based on their respective market share. This market share is determined by the number of individuals they insured in the U.S. and the total amount of direct premiums they collected for the years 2021 and 2022.
The settlement has a designated administrator who will use industry data and information from specific forms filled out by the payers to determine this market share percentage.
Philips has committed to depositing $34,000,000 into a fund for these Payer Awards.