Well, well, well, guess what? The Year of the Recalls may be just a bad memory now, but its scars persist. When it comes to General Motors, the most mediatized mess-up of the company was the one that covered millions of mid-to-late-2000s vehicles with a common problem - sub-standard ignition switches.
In order to fight back the negative publicity and the general public’s disgust at how GM hid the problem for almost a decade, the GM Ignition Compensation Claims Resolution Facility was founded to remunerate the families of the dearly departed, as well as those that were injured in crashes related to the switches.
Fast-forward to February, 2015, and you’ll find yourself speechless with how many forwarded compensation claims to the fund. Out of 4,312 applications, only 134 were assessed as being eligible for compensation. In addition to this, out of 1,388 applications which are currently under review, a whopping 1,198 were submitted with no documentation whatsoever.
Getting back with those 143 applicants that are eligible for monetary atonement, statistics show that just 56 cases were approved for deceased out of the 478 total. Furthermore, 9 applications have been approved for Category One claims and 78 for Category Two. What are those? Well...
...GM classifies Category One claims as “physical injuries resulting in quadriplegia, paraplegia, double amputation, permanent brain damage or pervasive burns." Category Two claims include physical injuries requiring hospitalization (or outpatient medical treatment) within 48 hours of the accident. That’s pretty scary stuff and we’re having this gut feeling the deceased and injured tally will increase as time passes by.
Fast-forward to February, 2015, and you’ll find yourself speechless with how many forwarded compensation claims to the fund. Out of 4,312 applications, only 134 were assessed as being eligible for compensation. In addition to this, out of 1,388 applications which are currently under review, a whopping 1,198 were submitted with no documentation whatsoever.
Getting back with those 143 applicants that are eligible for monetary atonement, statistics show that just 56 cases were approved for deceased out of the 478 total. Furthermore, 9 applications have been approved for Category One claims and 78 for Category Two. What are those? Well...
...GM classifies Category One claims as “physical injuries resulting in quadriplegia, paraplegia, double amputation, permanent brain damage or pervasive burns." Category Two claims include physical injuries requiring hospitalization (or outpatient medical treatment) within 48 hours of the accident. That’s pretty scary stuff and we’re having this gut feeling the deceased and injured tally will increase as time passes by.