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Posts Tagged ‘out of pocket expenses’

Caregiving is expected to increase by more than 20% in the next 15 years–and by 85% in the next 40 years

The demand for informal caregivers–family members, friends or neighbors–is expected to increase by more than 20% in the next 15 years–and by 85% in the next 40 years–as baby boomers age, from the Dept. Health and Human Services, states SmartMoney.com. Nearly 62 million Americans already care for another adult at least part-time, an expensive and time-consuming undertaking. Caregivers who hire paid help spend an average of 24 hours each week on actual care, according to a 2007 study by the National Alliance for Caregiving and Evercare. And the 56% of caretakers who live in spend more than $4,500 per year…

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What is the maximum amount of VA burial benefits that are available?

If the veteran died of a service connected condition, the maximum amount is $2,000.00. If the veteran was in receipt of any other kind of monetary benefit, the maximum benefit is $300.00 for burial and $300.00 for plot. If the veteran was none of the above, no burial benefit. Burial benefit is a reimbursement benefit.  Therefore, the claimant must show that they personally paid “out of pocket” expenses related to the burial.  The form is 21-530.

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