Once it is determined that your Claim is eligible for compensation, the valuation amount will be calculated according to the provisions in the IRF Methodology and TDP.
For IRF Claims and Trust Claims, the valuation process classifies compensable claims into injury categories (and a category for a fatality) and assigns points to them, as provided in Table 2 in the IRF Methodology and Exhibit A to the TDP. The Special Master/Trustee will value each type of injury clearly, fairly, objectively and consistently. A specific number of points has been assigned to each of the identified injury categories and, where appropriate, for mild, moderate, and severe subcategories within each category. In addition, there are certain injury types for which additional points may be added to a claim based on factors such as age and number of dependents. “Stacking” or combining injuries is not permitted for IRF and Trust Claims; Claimants will be compensated for their most severe injury. The points assigned to each IRF and Trust Claim will be converted into a monetary award based on the value of each point in the IRF and in the TATCTF The dollar value of each point shall be determined and adjusted periodically in accordance with Section V of the IRF Methodology and Section 8 of the TDP.
For POEM Claims, the TDP establishes the Scheduled Claim Process, which incorporates a Valuation Schedule of potential Takata Airbag Inflator Defect-related injuries, each of which has specified medical requirements and values falling between a specific Base (or minimum) value and High (or maximum) value. To determine a value for injuries or death, the Trustee will apply the Valuation Schedule, the relevant Global Adjustment Criteria and Specific Injury Adjustment Criteria, as set forth in Exhibit B to the TDP. Compensation for multiple injury types will be combined or “stacked,” as described in Exhibit B to the TDP.
Extraordinary Circumstances Review is available for all claim types if the accident, injuries or death involved unique circumstances, unique types of injuries, extraordinary severity or numerosity of injuries, and/or other extraordinary circumstances that require a more comprehensive review and could warrant additional consideration and/or compensation beyond the point valuation (for IRF and Trust Claims) and Scheduled Claim Process (for POEM Claims).
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