A $3.2 billion settlement has been proposed to aid women who claim they became ill from silicone breast implants made by Dow Corning Corp.
The suit filed Monday, would ensure women between $12,000 and $300,000 each. Final approval of the plan must be made by a judge in the U.S. Bankruptcy Court and by a vote of creditors.
Details to work out the settlement have been ongoing since July, when Dow Corning announced a settlement.
Women with disease claims are eligible to receive between $12,000 and $300,000. Women with ruptured implants could receive up to $25,000. Women will also have the opportunity to obtain $5,000 for implant removal.
Women may also settle for $2,000 with no questions asked if they had previously filed claims against the company.
If they wish, women may also file lawsuits on their own.
If the plan is approved, it will be the first time since 1995 that claims against Dow Corning are able to move forward.