(Bloomberg) — Benefits for military veterans will cost an extra $1.14 billion in the next five years without management improvements in an agency already criticized for health-care delays, according to an inspector general's report.
The Department of Veterans Affairs inaccurately processed about one-third of the benefit claims during a two-month review and failed to make a final decision on claims for almost 6,900 veterans, according to testimony from the VA's Office of Inspector General.
The Veterans Benefits Administration, an arm of the VA that oversees $73 billion in annual claims, "continues to have notable weaknesses in financial stewardship," Linda Halliday, assistant inspector general, said in testimony released today in advance of a House Veterans Affairs committee hearing in Washington.
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