Disabled and Unemployed Veterans: Is Your Funding Enough?

Attorney Wade Coye

Wade Coye, Veterans Attorney

According to the 2008 census, there were 23.2 million veterans living in the United States. As a veteran myself, I am extremely familiar with the challenges faced by

those returning from war. Of the 23.2 million veterans in this country, 14 million are under the age of 65 and 3.6 million of those veterans are unemployed. A more startling fact is that 3.4 million veterans suffer from a service related disability. Anyone can see the obvious correlation between the two.

Veteran disability funding is based on an evaluation of medical records, how hindering a disability is to normal life and to one’s ability to work. For information on how to apply for veteran disability funding, you can refer to our website.

After your medical records and case are evaluated, you receive a disability rating in the form of a percentage, which would then tell you how much you would get in the terms ofcompensation.

Now, the real question is whether or not what a veteran receives in disability funding is really enough to cover living expenses. I’ve already explained that the number of unemployed veterans is very closely related to the disability rate. In this economy, the chances of finding a good job are already low, making it that much harder for a disabled veteran to find work. So, if disability funding is their only source of income, is it enough? With only 1% of single, disabled veterans (those with a disability rating of 70% or higher) receiving more than $1010 a month in compensation, the answer is no.

Take a look at the expected monthly budget of a single veteran on 60% disability ($1009/month):

Housing 24% $242.16
Utilities 8% $80.72
Food 14% $141.26
Clothing 4% $40.36
Healthcare 6% $60.54
Donations/Charity 4% $40.36
Savings/Insurance 9% $90.81
Entertainment 5% $50.45
Transportation 14% $141.26
Debt Payments 12% $121.08

In this day and age, it is nearly impossible to find suitable living arrangements for the men and women who serve this country for $242.15 a month, and lets face it, the $60.54 towards healthcare a month is a gross under estimate for the healthcare needed to support someone with a 60% disability rating.

If you disagree with the disability funding you are receiving from the Department of Veterans Affairs, you may need assistance from an experienced Orlando Veterans Disability Attorney. Contact us at the Coye Law Firm for a free consultation on your case.

Be the first to comment!
Post a Comment