We played around with some numbers last week and came up with some figures that were quite surprising.
Assuming 100% disability from 1/2003-12/2009, for 10,000 Veterans, the lump sum would come to a little over $2.1 billion. That's max. It will be far less than that because few of the claims will be 100% and not all the claims will cover that time span. If both bills pass, I doubt we are talking more than 5,000 Vets. Ongoing annual claims for 10,000 Vets at 100% will be more than 345 million starting in 2010. Again, that is a maximum figure. That is just pension payments. Medical coverage would at least double the figures. And this is only for Vietnam era Veterans.
Remember, those are very high estimates, far higher than will actually occur if the legislation is ever passed.
And the longer the legislation is delayed the more expensive it will be and the more difficult it will be to enact it.
The Senate stimulus bill is offering over $3 billion to the House Veterans Committee. Our legislation, both bills, could easily be covered by the Stimulus packages, and CERTAINLY would stimulate the economy.
Now here is the dilemma. You see the potential cost of some 5-10,000 Veterans -- just a small segment of the total Veterans population receiving benefits currently.
Consider the cost if the DVA [actually, the US Taxpayers via the government] would be forced to pay everything it SHOULD pay to all Veterans who have a claim. Do you think we would ever go to war again?
Do you think, perhaps, that the powers that be may realize that, and act to prevent it?
Question
allan
<H2 class=date-header>Wednesday, February 04, 2009</H2><H3 class=post-title><A href="http://vnvets.blogspot.com/2009/02/something-to-ponder.html">Something to Ponder </H3>
We played around with some numbers last week and came up with some figures that were quite surprising.
Assuming 100% disability from 1/2003-12/2009, for 10,000 Veterans, the lump sum would come to a little over $2.1 billion. That's max. It will be far less than that because few of the claims will be 100% and not all the claims will cover that time span. If both bills pass, I doubt we are talking more than 5,000 Vets. Ongoing annual claims for 10,000 Vets at 100% will be more than 345 million starting in 2010. Again, that is a maximum figure. That is just pension payments. Medical coverage would at least double the figures. And this is only for Vietnam era Veterans.
Remember, those are very high estimates, far higher than will actually occur if the legislation is ever passed.
And the longer the legislation is delayed the more expensive it will be and the more difficult it will be to enact it.
The Senate stimulus bill is offering over $3 billion to the House Veterans Committee. Our legislation, both bills, could easily be covered by the Stimulus packages, and CERTAINLY would stimulate the economy.
Now here is the dilemma. You see the potential cost of some 5-10,000 Veterans -- just a small segment of the total Veterans population receiving benefits currently.
Consider the cost if the DVA [actually, the US Taxpayers via the government] would be forced to pay everything it SHOULD pay to all Veterans who have a claim. Do you think we would ever go to war again?
Do you think, perhaps, that the powers that be may realize that, and act to prevent it?
VNVets
http://vnvets.blogspot.com/2009/02/something-to-ponder.html
Link to comment
Share on other sites
Top Posters For This Question
1
1
Popular Days
Feb 5
2
Top Posters For This Question
allan 1 post
halos2 1 post
Popular Days
Feb 5 2009
2 posts
1 answer to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now