Veterans Administration (VA) disability compensation rates are increasing in 2023 based on Social Security’s cost of living adjustment (COLA).

The official compensation tables will be provided by VA in December 2022.

Veterans who meet the requirements for a 100 percent VA disability rating become eligible for a host of additional benefits. Here are fourteen potential VA Disability benefits:

1. Monetary compensation
2. Free health care and medication
3. Travel allowance for scheduled medical appointments
4. Dental care
5. Funding fee waiver with VA Home loans
6. Employment assistance
7. Veterans Readiness and Employment
8. Additional compensation for eligible dependents
9. Concurrent receipt of Military Retirement pay
10. Educational assistance for dependents
11. CHAMPVA – dependents can receive health care
12. Burial and plot allowance
13. Uniformed services ID card
14. Adaptive housing and automobile grants.

In 2022, a veteran with a 100 percent VA disability rating receives compensation of at least $3,332.06 per month.

Monthly compensation amounts increase if a veteran has qualifying dependents, such as a spouse, children, or parents.

References:

1. https://www.benefits.gov/agencies/U.S.%20Department%20of%20Veterans%20Affairs
2. https://vaclaimsinsider.com/100-disabled-veterans-benefits/