Transcription of VCF: Initial Payment Percentage Analysis
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VCF: Initial Payment Percentage Analysis
VCF: Initial Payment Percentage AnalysisJanuary 28, 2013 Objec've:*establish*a*reasonable*ini'al* Payment * Percentage *to*make*funds*availab le*to*all*claimants*within*funding*cap.* Payment * Percentage *must*be*set*now*rathe r*than*at*the*end*of*the*program*so*the* September*11th*Vic'm*Compensa'on*Fund*(V CF)*can*distribute*funds*as*required*by* statute. Evalua'on*of*ini'al* Payment * Percentage :* two*es'ma'on*op'ons*considered*for*this* purpose: Op'on*1:*Original*Congressional*Budget*O ffice*(CBO)*es'mate*refined*to*include*c ancer*claims*and*certain*modified*inputs Op'on*2:*CBOL based*es'mate*assuming*alterna've*Reside nts*/*Other*claim*filing*rates*and*that* the*causa'on*requirement*in*the*Zadroga* Act*will*limit*cancer*claimsOverview2 The*Zadroga*Act*provides*that*individual s*are*eligible*if*they*were*present*at*t he*September*11th*crash*sites*at*the*'me *of*the*crashes*or*between*September*11, *2001*and*May*30,*2002*and*suffer
Ini'ally*the*physical*injuries,*health*condi'ons*and*diseases* presump'vely*covered*under*the*VCF*excluding*cancer*are: • Inters''al*lung*disease
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