Lung Cancer Compensation Calculator

Why Calculate Your Potential Lung Cancer Compensation?

Gain Clarity on Your Financial Future

Lung cancer treatment can be expensive. Knowing your potential compensation helps plan for medical bills and living costs.

Improved Treatment Access

Understanding your compensation options can help plan for better cancer treatments, potentially increasing your chances of recovery.

Hold Companies Accountable

Seeking compensation holds negligent companies responsible, potentially preventing future harm.

How Does Lung Cancer Compensation Calculator Work?

The Lung Cancer Compensation Calculator will give you a personalized estimate to your potential compensation if you have lung cancer linked to asbestos exposure:

Medical & Exposure History: Your lung cancer diagnosis, age, smoking history, and work involving asbestos exposure.
Legal & Financial Factors: Current trust fund payouts, state claim deadlines, and average settlements in similar cases.

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How Does Lung Cancer Compensation Calculator Work?

Lung Cancer Base Case: Compensation Criteria

An asbestos lung cancer case may qualify as a "base case" for compensation purposes if it meets the following conditions:

Diagnosis: The individual was diagnosed with lung cancer by a qualified medical professional (pathologist, internist, pulmonologist, or occupational medicine physician).
Litigation: The individual was deceased at the time the lawsuit was initiated or the claim was filed.
Age: The individual was 75 years old at the time of death.
Dependents: The individual had a spouse and no other dependents or minor children at the time of death.
Economic Loss: The individual's loss of earnings, pension, social security, and home services falls within a specified range.
Medical and Funeral Expenses: The individual's medical and funeral expenses fall within a specified range.
Exposure: The individual had standard exposure to asbestos-containing products at traditional job sites (e.g., shipyards, refineries, power plants) linked to companies represented by asbestos trust funds.
Smoking History: The injured person was still smoking approximately 2 packs per day at the time of diagnosis, or had quit smoking less than 10 years before the diagnosis.
Latency: At least 10 years passed between the individual's first exposure to asbestos and their lung cancer diagnosis.

Calculation Example (Breakdown)

Here's how the asbestos lung cancer compensation calculator identifies potential payment starts for a 70-year-old individual diagnosed with lung cancer who worked as an electrician at General Electric in San Jose, CA, between 1969 and 1977:

General Electric in San Jose, CA

Available Asbestos Trust Funds Linked to Asbestos Exposure at General Electric in San Jose, CA (including scheduled values and applied ratios)

Owens Corning/Fibreboard Corp.	$3,960
Owens Corning	$8,850
Yarway	$11,000
MacArthur Co.	$22,881
Pittsburgh Corning	$24,500
Burns & Roe Enterprises, Inc.	$73,739


Payout	$144,931
Age 70 (age adjustment)	x 1.075
Alive (survival status)	x 1.3
Quit smoking 14 years ago	x 1.2
Total	$243,050

Average Lung Cancer Lawsuit Settlement Amounts (Civil Defendants) for Electricians

Electricians diagnosed with lung cancer after asbestos exposure between 1969 and 1977 at General Electric in San Jose, CA may receive compensation ranging from $100,000 to $280,000 through civil lawsuits. The final amount depends on the extent of their asbestos exposure during that time.

Age Adjustment

The age used for calculation is determined at the start of the lawsuit or when the claim is filed, whichever comes first. The compensation amount is adjusted based on this age:

Older than 75: The adjustment factor decreases by 0.015 for every year over 75. The lowest it can go is 0.7.
Younger than 75: The adjustment factor increases by 0.015 for every year under 75. The highest it can go is 1.4.

Smoking History Adjustment

Smoking history is a key factor in calculating and estimating the case value for a lung cancer case following asbestos exposure. The compensation amount is adjusted based on the following smoking history details:

If the injured person is a lifetime non-smoker, their compensation from trust funds may be adjusted to 2.0.
If the injured person quit smoking, the time between quitting and receiving the diagnosis may increase the case value adjustment by up to 1.5.
If the injured person is still smoking, the number of packs per day and the duration of smoking can affect the case value, potentially increasing it to 1.2 or decreasing it to as low as 0.6.

Conclusion

The average settlement for a 70-year-old individual diagnosed with lung cancer, who pursues compensation through both asbestos trust funds (individual review claims) and civil lawsuits, may range between $343,050 - $523,050.

Calculate Lung Cancer Compensation

If you or a loved one has been diagnosed with lung cancer, use Lung Cancer Compensation Calculator to estimate potential compensation for you or a family member. Understanding the estimated compensation range can empower you to make more informed decisions regarding your legal options and financial planning.

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Please search for the city and state where you believe the asbestos exposure occurred.

Frequently Asked Questions

Why should I use this lung cancer compensation calculator?

Provides a starting point: The lung cancer compensation calculator gives you an initial estimate of your claim's potential value, empowering you with information as you begin the process.

Reduces uncertainty: lung cancer compensation is complex. This tool helps clarify potential payouts from various sources, reducing the overwhelming nature of the process.

It supports informed decisions: Understanding the estimated compensation range can help you make better-informed decisions about your legal options and financial strategies.

How long does it take to receive an estimate for my lung cancer settlement?

Lung Cancer Compensation Calculator provides estimates quickly. It takes a few minutes to input your job information and click 'Calculate'. You'll receive the result in seconds.

Do I need a lawyer to use the Lung Cancer Compensation Calculator?

No, the calculator is free and can be used independently. However, consulting a lawyer is highly recommended before making any legal decisions or filing claims.

Can I file my claims or lawsuit right after receiving my estimates?

The calculator is an estimation tool. Our lung cancer compensation calculator helps you understand potential compensation amounts, but it cannot directly file claims on your behalf.

Next steps for action: After receiving your estimate, you have the option, with NO obligation, to securely start your claims or lawsuit process online today via DocuSign directly with a trusted firm serving your area that has recovered billions for its lung cancer clients.

*Disclaimer:

Average Lung Cancer Compensation typically refers to the combined average amount you could receive from both Asbestos Trust Funds and successful lawsuit settlements against Civil Defendants. However, there may be other sources of compensation available in certain cases.
Individual Review: Your claim will be individually reviewed by the administrators of an asbestos trust fund, which may result in higher payouts.
Ratio: The trust funds ensure a fixed percentage of compensation known as a "ratio", which reserves funds for potential future victims based on the claim’s worth.
Compensation estimates are for informational purposes only and do not guarantee any specific outcome. Actual compensation may vary based on individual case factors. Consult an attorney for advice.
Every case has unique settlement figures and estimates. Your compensation may vary based on case-specific factors.