Veterans Health Care And Benefit Improvement Act Of 2020
President Trump just signed a legislative package that will help the veterans community. The Veterans Healthcare And Benefit Improvement Act Of 2020. The top benefits and improvements in 2021 for veterans and their families are female veteran and Native American veteran benefits, disability and exposure related to the coronavirus, and National Guard members having no active duty are now eligible for the VA Home Loan Program.
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Female Veteran Benefits And Improvement
Native American Veteran Health Benefits Become Law
The improvements package also took steps forward for our country’s Native American veterans by prohibiting the Veterans Administration from charging copayments to Native Veterans. In addition to cutting co-pays the act allows for the creation of an advisory committee that will advise the VA secretary about unique challenges facing tribal veterans of the United States.
Expanded Eligibility for National Guard Members
A new change in this act means that thousands more National Guard members will qualify for the VA home loan benefit. According to the Congressional Budget Office there will be an estimated 2,000 more National Guard members that would obtain home loan guarantees over the next 10 years.
VA Debt Consolidation Loans & Military Debt Consolidation
Even with the best of intentions, bills can start to pile up. From unexpected medical bills to high interest credit cards, debt can happen to anyone. Other expenses like college tuition, delinquent taxes, and second mortgages can also cause financial stress. For veterans and military families currently experiencing financial difficulties, VA military debt consolidation loans can help.