“The experiences are wrenching, he said. And recipients invariably resent him, thinking he’s trying to put a price on the priceless things they’ve lost.”
Same thing an adjuster goes through every day, only on a larger scale.
I don’t want to sound cold and uncaring but how come after every tragedy there has to be some kind of monetary payout? I understand in the BP oil spill it was for lost work, businesses were affected. It seems that we have to pay someone everytime something happens to them. I understand this is a privately funded fund, and it will help some pay their medical bills who don’t have insurance, which is fair, but I just don’t understand paying for emotional distress. No amount of money will change the terror that these victims suffered.
The 9/11 situation was far worse. The Policemen & Firemen responders were covered by WC for injuries, deaths, Occ Disease etc, but the families were also rewarded with large settlements as well.
“The experiences are wrenching, he said. And recipients invariably resent him, thinking he’s trying to put a price on the priceless things they’ve lost.”
Same thing an adjuster goes through every day, only on a larger scale.
Not a pleasant job, weighing the needs of the victims against the contraints of country with $17 trillion in debt and annual $1.2 trillion deficits.
I don’t want to sound cold and uncaring but how come after every tragedy there has to be some kind of monetary payout? I understand in the BP oil spill it was for lost work, businesses were affected. It seems that we have to pay someone everytime something happens to them. I understand this is a privately funded fund, and it will help some pay their medical bills who don’t have insurance, which is fair, but I just don’t understand paying for emotional distress. No amount of money will change the terror that these victims suffered.
The 9/11 situation was far worse. The Policemen & Firemen responders were covered by WC for injuries, deaths, Occ Disease etc, but the families were also rewarded with large settlements as well.
IJ: Thank you for a very interesting article.