Kenneth D. Brunk , Veterans Benefits Consultant
I endeavor to help veterans, their surviving spouses, and their families in Northeastern Colorado understand long term care benefits from the Department of Veterans Affairs (VA). Many veterans are not aware of the eldercare benefits available through veterans health care, through state veterans homes, through home renovation grants, or from two disability income programs called Compensation and Pension.
One particular program called Veterans Pension, or more commonly known as the "Aid and Attendance Pension Benefit," can provide money to pay for home care for veterans. Aid and attendance can also be used to pay for assisted living for a veteran or the veteran's spouse and for nursing home care for a veteran or the veteran's spouse.
It's astounding that nearly 1/3 of all seniors can qualify for up to $1,949 a month in additional income through Pension under the right conditions. Yet government statistics show only 5% of potentially eligible veterans are actually receiving the Pension benefit.
This benefit can help you pay anyone including your child for home care. It can also be used to help you pay for professional care in the home, for assisted living, or for nursing home. Imagine having an extra $1,949 a month that you didn't even know existed.