Monday, February 06, 2006

We're busy analyzing data

We now have about 3,500 surveys returned. We are busy analyzing the data we have received to help us in coming up with the cost and structure of a new compensation proposal. It is our goal to create a fair compensation system that will meet the needs of people infected with Hepatitis C through the blood system in Canada. We want the system to be available well into the future, so that people may access further compensation if the effects of Hepatitis become worse over time. Unfortunately, calculating the cost of such a program is extremely complex. It requires us to determine the current needs of the class, and then make medical projections as to how the disease will likely progress over time, and then make financial projections based on the medical projections.

We have a team of medical and financial experts working with us to assist with these difficult issues.

We have met with the government's lawyers several times, and we believe we are making significant progress. We do understand the urgent need for assistance that many people have. We are committed to working as quickly as possible to finalize the compensation system and get assistance to people at the earliest possible moment.