Honoring our veterans with access to the care they deserve
By Chris Orestis
Life Care Funding Group
My grandfather and his three brothers served in World War II. My other grandfather served in WW II and the Korean War. My uncle served in the Vietnam War. All of them saw active combat duty and all returned safely except my uncle, who made the ultimate sacrifice for his country.
On today’s Veterans Day, it is important to take a moment to honor the sacrifices that so many have made, and continue to make , for this country. Many of those who have served as young men and women are now seniors. They gave much to this country and, in comparison, ask for little in return. Today, they are again facing great challenges in the form of an unstable economy and a long term health care system that is too expensive for some to access.
Fortunately for our veterans, there is a financial program offered by the Department of Veterans Affairs that will help pay for the costs of long term health care. The Veterans Aid and Attendance Benefit provides financial support for veterans who served in active combat duty on foreign soil.
The program work like this:
VA Aid & Attendance criteria
- Veteran would have had to serve at least 90 days of active duty, with at least one day served during an active time of war.
- Veteran or a surviving spouse (or married couple) would have to have less than $80,000 in assets (excluding a primary residence and a vehicle).
- Veteran or a surviving spouse must spend the financial assistance on out-of-pocket medical expenses. Veteran or surviving spouse would need assistance with their activities of daily living.
- Surviving Spouse: $1,056
- Healthy Veteran with Sick Spouse: $1,291
- Single Veteran: $1,644
- Sick Veteran with Spouse: $1,949