Health Care Costs for America’s Veterans Are Skyrocketing: Report

A new study projects that cumulative health care costs for U.S. military veterans will reach as much as $2.5 trillion by 2050—a figure that nearly doubles previous forecasts—raising concern about whether the government will take care of its war vets in the coming decades. According to research from Brown University’s Costs of War Project, the total costs of caring for post-9/11 war veterans will reach $2.2 trillion to $2.5 trillion from 2001 to 2050. This includes the amount already paid in medical care and benefits, as well as the projected future costs already “baked” into the system, the Aug. 18 report shows. The study notes that federal expenditures for veteran care have doubled over the past two decades, to 4.9 percent of the U.S. budget in 2020 from 2.4 percent in 2001—even as the total number of living war vets declined to 18.5 million from 25.3 million during that time. Harvard University professor …
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