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/C O R R E C T I O N -- VetComm/

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VetComm's recent press release highlights the significant amount of unclaimed funds for veterans, focusing on empowering this community. The company aims to address this issue and bring attention to the billions of dollars left unclaimed annually.
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In the news release, Empowering Veterans: VetComm Shines a Spotlight on Billions of Dollars Unclaimed Annually, issued 27-Feb-2024 by VetComm over PR Newswire, we are advised that additional information about the company, including the stock ticker was added. The complete, corrected release follows:

Empowering Veterans: VetComm Shines a Spotlight on Billions of Dollars Unclaimed Annually

The veterans-first organization rallies 11 million eligible veterans to claim their rightful service-related disability benefits

SAN DIEGO, Feb. 27, 2024 /PRNewswire/ -- In a revelation that demands attention, VetComm, a leading provider of innovative solutions for veterans, sheds light on the startling truth that billions of dollars earmarked for approximately 11 million eligible veterans remain unclaimed each year. In San Diego alone, a city with a profound military heritage, an average of $4.5 billion annually goes unutilized by veterans who are unaware of their entitlements.

Kate Monroe, CEO and Founder of VetComm and a 100% rated USMC disabled veteran, passionately stated, "As a Marine Corps veteran, I understand the sacrifices our servicemen and women make. Every unclaimed dollar is a missed opportunity! VetComm is here to break through the barriers, eliminate the red tape and ensure that no veteran is left behind in claiming what is rightfully theirs. It's not just about the money; it's about honoring and recognizing the commitment and sacrifices made for our country."

A profound challenge lies in the fact that many veterans, despite being eligible, refrain from claiming their rightful benefits. VetComm identifies three primary reasons for this oversight. Firstly, a significant number of veterans feel undeserving of the financial support to which they are entitled. Secondly, numerous attempts to apply are thwarted by bureaucratic hurdles, with paperwork often denied due to inaccuracies. Lastly, a considerable portion of veterans is unaware that they can even apply for these funds.

On average, each eligible veteran misses out on an astonishing $500,000 to $1 million in unclaimed benefits. VetComm emphasizes that a veteran with a 100% disability rating, for example, who applied at the age of 40, could receive a life-changing $2.1 million. Even at a 50% service-connected disability rating, monthly compensation starts at $958.44, with additional benefits such as no-cost VA health care and prescription medications under Priority Group 1. Veterans may also qualify for concurrent retirement and disability pay, or combat-related special compensation for those receiving military retirement pay and aged 60 or older.

VetComm was founded to assist veterans and stands at the forefront of advocating for veterans' rights. The organization is committed to empowering veterans with the education and resources needed to access their entitled benefits. VetComm believes that every veteran deserves to receive their rightful benefits and provides a comprehensive education and support platform to ensure this becomes a reality. Its mission is clear – prevent the reallocation of funds earmarked for veterans by empowering them to claim the benefits they rightfully deserve.

For more information on VetComm and its initiatives, including how to learn more about receiving benefits, please visit VetComm.us.

About VetComm
VetComm's mission is to empower United States veterans by providing them with the education and resources they need to access the benefits they are entitled to but not presently receiving. Founded by United States Marine Corps veteran Kate Monroe, VetComm is dedicated to advocating for veterans and ensuring they receive the support they need to thrive after serving our country.

VetComm believes that every veteran deserves to receive the benefits they are entitled to and is committed to providing a comprehensive education and support platform to help them do just that. With the tools provided by VetComm, veterans can get rated and claim the benefits they deserve, preventing the reallocation of funds by the U.S. government to other budget line items and making sure that those who have served their country receive the support they need to lead fulfilling lives. For more information visit https://www.VetComm.us/

About Kate Monroe:
Kate Monroe is a 100% rated disabled USMC veteran. As the CEO of VetComm.us, she leads a team of dedicated professionals who help veterans get what they are owed from the VA. With more than 10 years of experience in sales, leadership, and coaching, her mission is to empower veterans to access their benefits and improve their quality of life.

Kate is the author of several books, has appeared over 60+ times on broadcast news and is a contributor on homeless, drugs, border, veteran affairs, foreign affairs on Forbes, Fox News, Medium, Inman and many more. In fact, she went viral for her take on the San Diego homeless crisis. In 2023, Kate released her book, "The Race to Save America".

For media inquiries, please contact:
Erinn Lynch
erinn@blazepr.com

https://www.vetcomm.us/
www.Kateonthenews.com 

For further information:

VETCOMM Website: www.vetcomm.us
Referral Program: www.vetcomm.us/referral-membership/
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Forward-Looking Statements:
Safe Harbor Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency, and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.

Cision View original content:https://www.prnewswire.com/news-releases/empowering-veterans-vetcomm-shines-a-spotlight-on-billions-of-dollars-unclaimed-annually-302072264.html

SOURCE VetComm

FAQ

What is the focus of VetComm's recent press release?

VetComm's recent press release focuses on highlighting the billions of dollars left unclaimed annually for veterans.

How does VetComm aim to empower veterans according to the press release?

VetComm aims to empower veterans by addressing the issue of unclaimed funds and bringing attention to this significant problem.

What is the main goal of VetComm's recent announcement?

The main goal of VetComm's recent announcement is to shine a spotlight on the unclaimed funds for veterans, emphasizing the need to address this issue.

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