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Many military veterans and their spouses are unaware of a benefit that can help them with the expenses associated with senior care. If they qualify, a couple may be eligible for as much as $2,127 a month in additional support. For adult children who are trying to help an older parent finance a move to senior living, that can make a big difference.
The benefit that we are referring to is the Aid and Attendance benefit.
In honor of National Military Family Appreciation Month,we are sharing information on eligibility and the current benefit amounts.
Aid & Attendance Eligibility Requirements
Navigating the Aid and Attendance benefit process can be challenging, especially when it comes to understanding eligibility. There are two primary conditions that must be met before the Veteran’s Administration will consider a veteran or their spouse for senior care benefits.
If these two requirements are met, the next step is what is called the yearly family income and net worth standard. Congress reviews and sets these each year.
Aid & Attendance Financial Determination
The Veteran’s Administration will review each senior’s individual circumstances. Compensation is based on financial assets and income, marital status, and the veteran’s healthcare expenses.
In 2017, the maximum award for each classification is:
Sunrise Senior Living is Home to Veterans
Sunrise communities across the country are home to many of our nation’s veterans. We are proud to have the opportunity to serve those who served our country so well.
If you are trying to help a veteran in your family determine if they are eligible for the Aid and Attendance benefit, we can help. One of our team members at a community near you can answer your questions and connect with you with additional resources for support. Call today to learn more!