Mary Markovich, JD, MBA Veterans Benefits Consultant
I help veterans' families in North Carolina understand long term care benefits from the
Department of Veterans Affairs (VA). Most veterans are not aware of the
eldercare benefits available through veterans health care, through state
veterans homes, through home renovation grants (HISA Grants), or for two
disability income programs called Compensation and Pension. One particular
program called Veterans Pension or more commonly known as the "Veterans Aid
and Attendance 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 roughly 1/3 of all seniors can qualify for up to $1,949 a month in additional income through Pension under the right conditions. Pension is also known as the "aid and attendance benefit." 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.
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