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Home / Homepage Bottom Left / Update on the 1986-1990 Hepatitis C Compensation
Program


UPDATE ON THE 1986-1990 HEPATITIS C COMPENSATION PROGRAM

Dan Doran | 14/07/2023


As the result of the latest actuarial study to the end of the year 2019, the
Joint Committee announced in early 2021 that the Fund of the 1986-1990 Hepatitis
C Compensation Program had sufficient financial assets to cover their
liabilities.

There was, in fact, an additional surplus of approximately $203,678,000.

In order for this surplus to be reallocated back to the benefit of the Fund, the
Administrators had to seek assurance from the federal, provincial, and
territorial governments, that they would not be claiming any or all of the
surplus.

Once this was determined and confirmed that the governments would waive their
claim to any or all of the surplus, the Joint Committee sought advice and
recommendations from individuals and representative organizations for how the
surplus should be allocated to the accepted members of the Class Fund.

In April 2023, The Canadian Hemophilia Society (CHS) sent an e-mail and posted
on their website that they were soliciting recommendations from individuals,
chapters and related partners regarding potential uses for the surplus. This
information could then be compiled and forwarded to the Joint Committee for
their review and consideration.

In June 2023 the CHS notified its membership that the Joint Committee had
confirmed four recommendations to allocate the surplus. These recommendations
can be viewed on the 1986-1990 Hepatitis C website:
www.hepc8690.ca/home-e.shtml.

At this point in time, Class members are not required to do anything further as
the Fund Administration has all key individual information and payments will be
forthcoming based on the members current acceptance level. For those concerned,
please have some patience as these many calculations will require a bit more
time! If you have any additional changes or updates to your personal
information, please contact the Fund Administration.

Thank you to everyone who shared their thoughts and recommendations and a
special thanks to the staff at the CHS for their continued vigilance and
attention to this very important aspect of our class members health and well
being.


 * KEYWORDS
   
   ADVOCACY ageing A GLOBAL PERSPECTIVE AIDS CARRIERS CHS chapters Community
   COMPENSATION COVID-19 EMICIZUMAB GENE THERAPY HALF-LIFE FACTOR CONCENTRATES
   HEMLIBRA HEMOPHILIA A AND B HEPATITIS C HIV ICHIP INHIBITORS MYCBDR NURSING
   PHYSIOTHERAPY Platelet function disorders PROBE PROPHYLAXIS RARE BLEEDING
   DISORDERS RESEARCH SOCIAL WORK Tainted blood tragedy THE BLOOD FACTOR THE
   FEMALE FACTOR THERAPIES THE SAGE PAGE TWINNING VON WILLEBRAND DISEASE
 * 

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