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Thursday, July 17, 2008

More injured vets could get insurance payouts

More injured vets could get insurance payouts

By Rick Maze - Staff writer
Posted : Thursday Jul 17, 2008 14:50:32 EDT

More than 1,600 severely disabled veterans could receive retroactive traumatic injury insurance payments as a result of a newly released review of how benefits have been paid under the 3 1/2-year-old supplemental benefits program.

The payments, ranging between $25,000 and $100,000, could be paid as early as this fall as a result of discussions between the Department of Veterans Affairs, which runs the program, and doctors who are treating severely wounded combat veterans. The average retroactive payment would be $32,000, according to the review, dated July 2008.

About 4,400 people have received traumatic injury insurance payments since the program was created in 2005. The estimated 1,640 people who would receive retroactive benefits as a result of the review include some who did not previously qualify and some who received payments but would now get more, according to VA officials.

Officials said the report has 11 recommendations to expand definitions of traumatic injury for insurance purposes, and all are expected to be included in a revised regulation likely to be issued by VA this fall.
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