Calculating A 7 A benefit

Discussion in 'General Discussion' started by TOMBAY, Jul 19, 2009.


    TOMBAY Newbie

    Can someone help me calculate potential A & A benefit? Here's the example: honorably discharged WW II vet; assets under $8000; monthly GROSS income (social security) is $1600. Monthly assisted living cost is $2220, medicare part B, $96; medigap insurance, $273 which yields COUNTABLE INCOME OF MINUS $989. For single vet, the A & A threshold is $1519 a month, I think. One way I calculate is $1600 gross income less $96 medicare part B and $273 medigap for net of $1231 which goes to care facility and the VA would provide (asssuming all other hurdles jumped) the remaining $989 to cover the care facility costs. Will appreciate any help offered. Thanks. Tom Bay
  2. Fit2009

    Fit2009 Sr. Member

    With zero or negative countable income, which he has, and assets under $8,000 the VA will provide $1,644 per month. Partial awards are when countable income is positive.

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