Policy Impact Analysis - 117/HR/8973

Bill Overview

Title: Medal of Honor Act

Description: This bill increases the rate of special pension for living Medal of Honor recipients from $1,388.68 to $8,333.33 and establishes a rate of monthly special pension of $1,489.73 for surviving spouses of Medal of Honor recipients.

Sponsors: Rep. Nehls, Troy E. [R-TX-22]

Target Audience

Population: Living Medal of Honor recipients and surviving spouses of deceased Medal of Honor recipients

Estimated Size: 270

Reasoning

Simulated Interviews

retired military (California)

Age: 75 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 1/20

Statement of Opinion:

  • This increased pension ensures I have financial stability for healthcare and daily expenses.
  • It grants peace of mind knowing I won't be a financial burden.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 7
Year 2 9 6
Year 3 9 6
Year 5 9 5
Year 10 8 4
Year 20 8 4

retired nurse (Virginia)

Age: 68 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • This new pension allows me to cover my medical expenses without relying on my children.
  • It's a recognition of my spouse's sacrifice, providing necessary support.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 5
Year 2 8 4
Year 3 8 4
Year 5 7 3
Year 10 7 3
Year 20 5 2

veteran affairs advocate (Texas)

Age: 56 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • The policy is a positive step in honoring these heroes but does not affect me directly.
  • It may increase public awareness of veterans' needs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

retired accountant (Florida)

Age: 83 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 1/20

Statement of Opinion:

  • The increase in pension covers my assisted living costs, greatly alleviating financial stress.
  • I believe it's a meaningful gesture of appreciation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 6
Year 2 8 6
Year 3 8 5
Year 5 7 5
Year 10 7 4
Year 20 6 3

none (Ohio)

Age: 74 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • The special pension allows me to afford better healthcare.
  • It provides a sense of security that was missing after my husband's passing.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 4
Year 2 7 3
Year 3 7 3
Year 5 6 2
Year 10 6 2
Year 20 4 2

none (New York)

Age: 62 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 20/20

Statement of Opinion:

  • I wasn't aware of this policy; it doesn't impact me personally.
  • It's good to see support for those who served the country.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

retired (North Carolina)

Age: 88 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 1/20

Statement of Opinion:

  • The financial increment is surplus given my family support, though appreciated.
  • I wish more veterans had similar support options.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 7
Year 3 8 7
Year 5 8 6
Year 10 8 6
Year 20 7 5

social worker (Illinois)

Age: 33 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • I appreciate the recognition of veterans' needs, although it's not relevant to my life.
  • Policies like these highlight historical contributions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

retired teacher (Michigan)

Age: 90 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • This policy finally acknowledges families' sacrifices long overdue since my husband's passing.
  • It provides unexpected but welcome financial ease.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 6
Year 2 8 5
Year 3 7 4
Year 5 6 4
Year 10 6 3
Year 20 5 3

military historian (Washington)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy ensures veteran care and historic acknowledgment.
  • It has personal significance given my research, though I'm not directly affected.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Cost Estimates

Year 1: $23103048 (Low: $20000000, High: $25000000)

Year 2: $23680680 (Low: $21000000, High: $25500000)

Year 3: $24263697 (Low: $22000000, High: $26000000)

Year 5: $25456633 (Low: $22500000, High: $27000000)

Year 10: $28126691 (Low: $23500000, High: $30000000)

Year 100: $63915080 (Low: $50000000, High: $80000000)

Key Considerations