What to know about the private firms illegally profiting from veterans' disability claims
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 23 June 2024
⏱️ 7 minutes
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| 0:00.0 | In the two years that the landmark expansion of veterans benefits known as the |
| 0:04.6 | Pact has been in effect, more than 1 million disability claims have been |
| 0:08.8 | approved and more are on the way. But as Lisa DeJardin reports, a number of for-profit companies are also |
| 0:15.5 | reaping benefits even though what they do is against the law. The Bipartisan Pact Act |
| 0:21.7 | is the largest expansion of veterans benefits in a generation, |
| 0:25.5 | including care for veterans exposed to burn pits. Some 3.5 million people could benefit |
| 0:31.2 | and the program could near a trillion dollars in spending. |
| 0:34.0 | As the disability claims grow, |
| 0:36.0 | so have the profits of private firms |
| 0:39.0 | pledging to help those with claims. |
| 0:41.0 | That's despite a federal law banning companies from charging vets |
| 0:44.8 | for those types of services. |
| 0:46.6 | According to a Washington Post report, scores of uncredited |
| 0:50.1 | for-profit companies are making hundreds of millions of dollars helping |
| 0:54.3 | veterans file disability claims. Patrick Murray is legislative director at |
| 0:58.5 | the Veterans of Foreign Wars and Patrick let's just back up how is it that these firms are making money off of this work with veterans? |
| 1:07.0 | What they do is falsely offer veterans hope that they can get their claims done better and faster if you pay for it. |
| 1:15.8 | As you mentioned it is illegal, but right now there's no penalty for actually breaking the law in 2006 that was removed so these companies are |
| 1:24.0 | operating in a legal loophole that allows them to charge exorbitant fees and not be |
| 1:29.6 | held accountable. That's really odd to have a law with no sort of penalty or criminal punishment. |
| 1:37.2 | We've talked about this a Pact Act before, but the idea that the federal government is prohibiting anyone from charging these benefits, |
| 1:46.5 | we see that the companies involved, however, are advertising that they, that this, as if this service was legal. |
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