30 Apr '12, 5pm

Bill would lift traumatic injury insurance cap

http://www.armytimes.com/news/2012/04/military-bill-would-lift-traumatic-servicemembers-group-life-insurance-tsgli-cap-043012w/ Bill would lift traumatic injury insurance cap By Rick Maze - Staff writer Posted : Monday Apr 30, 2012 13:42:15 EDT A California lawmaker wants to raise the current $100,000 cap lifted on traumatic injury insurance payments, saying that is not enough compensation for some catastrophic wounds. Rep. Joe Baca, D-Calif., an Army veteran and six-term member of Congress, proposes removing the cap on Traumatic Servicemembers’ Group Life Insurance, known as TSGLI, allowing rates to be increased when justified by injuries. “Right now, more service members are surviving severe injuries than ever before. While this is welcome news, the seriousness of these injuries can place a difficult financial burden on our wounded heroes and their loved ones,” Baca said...

Full article: http://www.armytimes.com/news/2012/04/military-bill-would...

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