One of the most frustrating parts of the VA Aid and Attendance benefit is known as the VA “Catch-22.”
Veterans (or their spouses or widows) only qualify for the benefit after they start paying for care. To get the maximum benefit, they must exhaust all of their monthly income with care expenses and then the VA awards the Aid and Attendance pension for the applicant to replace the lost income.
For those who are fortunate enough to be able to pay for care with their own retirement nest egg, they can pay out the equivalent of their income each month to trigger eligibility. Most of those eligible for the benefit wouldn’t possibly have a large enough nest egg because of the asset-limitations of the program. Hence, the VA “Catch-22” becomes an obstacle to get the help you want for the care you need.
Veterans and their family members find it difficult, and sometimes impossible, to tap into the benefit because they naturally lack the personal resources to pay for home care. Even if they could afford to pay for that much care, the delays with the VA in processing claims are notorious.
Very few applicants can afford to pay that much for care without any guarantees, or knowing exactly how long it will take to get benefits approved. What’s worse is that the VA can take so long to approve some applications that the applicant dies before getting the benefit. Many veterans can’t afford to leave their spouses without resources if they should not get the benefit approved before they pass away. Costly loan programs are often unobtainable to help.
This “Catch-22” leaves those who should benefit most completely unable to use the VA Aid & Attendance to help pay for their home care.
Breaking the “Catch-22”
We believe our veterans and their families deserve better.
Our Veterans Program is designed to break the VA “Catch-22” by helping get applicants care now. The program takes on the costs of care during the application process so the applicant can get care started today. The VA benefit is directed to an escrow account that is used to repay the outstanding balance for home care that incurred.
This means that we can provide more services to veterans who would otherwise be unable to afford the cost of their care. This avoids having to self-finance the cost of home care services indefinitely while waiting to see if a benefit may or may not be available.