Philips $479M Compensation: A Step-by-Step Guide for Affected Customers

Securing Your Share: Guide to Claiming Philips' $479M Compensation for Customers
Claim Your Share: A Guide to Philips' $479M Compensation for Customers

Philips has agreed to pay a $479 million settlement to people who bought some of their sleep apnea machines. Find out if you are eligible to receive it.

Did you purchase any Philips Respironics sleep apnea machines between 2008 and 2021?

Keep reading, because you could be eligible to receive part of the million-dollar compensation from the Dutch technology company.

The manufacturer has agreed to pay a settlement of $479 million to compensate customers who purchased certain respiratory devices belonging to the Philips Respironics line between 2008 and 2021. The agreement is the result of a collective complaint that ended with a resolution in September of this year.

Legal documents show that the Food and Drug Administration (FDA) received nearly 105,000 complaints in recent years, “including 385 deaths related to foam leaks in continuous positive airway pressure (CPAP) machines.”

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Although the machines were withdrawn from the market two and a half years ago, those who bought or rented products from the Philips Respironics line can file a claim online to be eligible for a portion of the million-dollar compensation. Here’s how to request payment.

Philips will pay $479 million in compensation to customers: How to request it

The company divides compensation for the purchase or rental of products withdrawn from the market into three main categories, which offer different amounts:

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•Device Payment Reward: A refund will be awarded for each recalled device that was purchased or rented
•Return reward: In addition to the refund, those who still have any of the defective machines in their possession and return them to the company before August 9, 2024 will be able to obtain an extra payment of $100
•Device Replacement Reward: Those who wish to can obtain a similar machine to replace the recalled device.

“This agreement ensures that the millions of Americans who purchased defective Philips devices receive significant financial compensation,” the plaintiffs’ lawyers declared through a statement.

If you think you are eligible for Philips’ compensation payment, enter your device’s serial number on the company’s official website, which already has an interactive form to request compensation. It also includes respective payments and determines whether you are eligible for the money or not.

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The deadline to file the claim is August 9, 2024. For more information, call 1-855-912-3432.

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About Shrabani Sarkar 748 Articles
Shrabani Sarkar is a celebrity news author who has been covering the latest gossip and scandals in the entertainment industry for Panasiabiz. Shrabani is passionate about celebrity news and enjoys sharing her insights and opinions with her loyal fans. Shrabani can be reached at [email protected]

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