Got this from an Oct 2013 Congress report
http://www.gpo.gov/fdsys/pkg/CRPT-113hrpt247/html/CRPT-113hrpt247.htm
An analysis of data collected by the Department of Veterans Affairs concluded that total amount of disability
compensation paid for tinnitus by the Department of Veterans Affairs in 2012 was $1,500,000,000.
Based on projected rates of growth, the amount of disability compensation payable to veterans for tinnitus is
expected to exceed $3,000,000,000 in 2017.
Just in case your math is rusty, a billion is a thousand million,
so that's 3000 million dollars, folks. no pocket change.
Sure this projected cost hasn't happened yet, but odds on it will.
In 2005, compensation was 'just' $418million, whilst research was $1.5million.
If the figures were reversed, well we'd probably not be on this board.
A quick look at ATA figures shows the full horror.
(http://www.ata.org/sites/ata.org/files/pdf/2011_ADV_Master_Packet.pdf)
A conservative add-up of totals (give or take a few hundred million)
and we see that 2005-2014, tinnitus will have cost the American TAX PAYER
in the region of 12 billion dollars,
that is twelve thousand million dollars!!!!
In 2013, the noble Jack Vernon Walk to Silence Tinnitus raised about $60,000.
Families and kids trying their best for loved ones.
This huge gap between astronomical hemorrhaging of public funds and research funding
should have been nailed a decade ago. It is a disservice to injured veterans who receive paltry
payouts and often ineffective therapies. It is also a disservice to the tinnitus community at large.
With foresight, federal government could have saved thousands of millions of dollars
(the figures are mind-boggling) and funded enough research to help veterans
and millions of us worldwide, and perhaps even cure governmental negligence.
Under the Federal Tort Claims Act, you can actually sue government for negligence.
This would be the BIGGEST class action in history. Anyone here a lawyer.
http://www.gpo.gov/fdsys/pkg/CRPT-113hrpt247/html/CRPT-113hrpt247.htm
An analysis of data collected by the Department of Veterans Affairs concluded that total amount of disability
compensation paid for tinnitus by the Department of Veterans Affairs in 2012 was $1,500,000,000.
Based on projected rates of growth, the amount of disability compensation payable to veterans for tinnitus is
expected to exceed $3,000,000,000 in 2017.
Just in case your math is rusty, a billion is a thousand million,
so that's 3000 million dollars, folks. no pocket change.
Sure this projected cost hasn't happened yet, but odds on it will.
In 2005, compensation was 'just' $418million, whilst research was $1.5million.
If the figures were reversed, well we'd probably not be on this board.
A quick look at ATA figures shows the full horror.
(http://www.ata.org/sites/ata.org/files/pdf/2011_ADV_Master_Packet.pdf)
A conservative add-up of totals (give or take a few hundred million)
and we see that 2005-2014, tinnitus will have cost the American TAX PAYER
in the region of 12 billion dollars,
that is twelve thousand million dollars!!!!
In 2013, the noble Jack Vernon Walk to Silence Tinnitus raised about $60,000.
Families and kids trying their best for loved ones.
This huge gap between astronomical hemorrhaging of public funds and research funding
should have been nailed a decade ago. It is a disservice to injured veterans who receive paltry
payouts and often ineffective therapies. It is also a disservice to the tinnitus community at large.
With foresight, federal government could have saved thousands of millions of dollars
(the figures are mind-boggling) and funded enough research to help veterans
and millions of us worldwide, and perhaps even cure governmental negligence.
Under the Federal Tort Claims Act, you can actually sue government for negligence.
This would be the BIGGEST class action in history. Anyone here a lawyer.