79,000 Australians Had Adverse Reactions To COVID Shots: Taxpayers Will Compensate, Not Big Pharma
The Therapeutic Goods Administration, a regulatory agency of the Australian Government, has recorded approximately 80,000 adverse events linked to COVID-19 inoculations. So far, more than 10,000 people have registered to make a claim. The registration for this compensation program opened up last September. If each claim is approved, as of now the cost of payout would be at least $50 million. The adverse reactions range from mild to serious, including deaths.
Other countries, like Canada for example, rolled out vaccine injury compensation programs just prior or during the rollout of COVID vaccines. The United States already had a Vaccine Injury Compensation Program (VICP), it has paid out more than $4 billion in taxpayer money to claimants since its inception while pharmaceutical companies are completely protected from any liability. It was created in the 1980s, after lawsuits against vaccine companies and health care providers threatened to cause vaccine shortages and reduce U.S. vaccination rates.
People injured by COVID vaccines in the U.S., however, will not be eligible for any compensation due to the fact that the shots are under "emergency authorization" use. This is concerning given the fact that approximately 21,000 deaths have been reported, along with approximately 35,000 permanent disabilities and more than 100,000 hospitalizations.
The Indian Government declined to meet Pfizer and Moderna's requests for legal protection over any side-effects from the use of their shots, but in most countries where these shots are rolled out the pharmaceutical companies are completely protected, and that includes Australia as well.
Australia's program is a no liability program. The manufacturer of COVID vaccines cannot be held liable for vaccine injury. So compensation will come from Australian taxpayer money.
People in Australia who experience at least a moderate to a significant adverse reaction that resulted in a hospital stay of at least one night will be covered by the government's compensation program. The program was announced in June and will cover any injuries that span since the beginning of the COVID vaccine rollout in Australia.
The 10,000 registered claims so far stands at around 0.06 per cent of the more than 17.2 million people who have been fully vaccinated in Australia. Total adverse events represent approximately 0.21 per cent. Who knows how many will be approved.
This shows that in Australia, adverse events are rare, but so is death from COVID infection. The survival rate for a young person is estimated to be 99.997 percent, and for people age 60 -69 it's 99.5 percent. Coupled with the fact that vaccine injuries may be severely underreported, one could make the argument that the chances of a serious adverse reaction from a COVID vaccine compared to death from COVID may be greater, especially for younger people.
A study published on October 7, 2021 in the Journal Toxicology Reports estimates that underreporting of deaths as a result of the COVID vaccines may have resulted in a number 1000 times less than what the actual number is.
They also cite a widely distributed Harvard Pilgrim study published in 2010 which reported that less than one per cent of vaccine injuries are probably reported. This includes serious adverse reactions.
It’s already known that serious adverse reactions to prescription drugs, for example, are extremely underreported, perhaps up to 95 percent of them as multiple studies have pointed out.
In Australia, claimants seeking $20,000 or less will need to submit evidence of their injury and its relationship to COVID-19 vaccination, medical costs and lost wages. Claims for more than $20,000, including death claims, will be assessed by a panel of independent legal experts and compensation paid based on their recommendations.