Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

Losing Weight: Healthier Wallet


Lose Weight - Get A Break
----------------------------------------
The American Obesity Association (AOA) wants to give new meaning to getting a deduction. Losing weight should get you a deduction. The non-profit advocacy organization is trying to change IRS policy to allow taxpayers to deduct the cost of weight loss treatments.

The AOA and 10 other organizations (including Weight Watchers, Jenny Craig, several pharmaceutical companies, professional societies, and consumer advocate groups) petitioned the IRS last year to reverse the revenue ruling that includes weight loss among such other non-deductible categories as cosmetic surgery and health clubs, and until recently, smoking cessation programs.

Weight Loss Programs Should Get The Same Break as Smoking Cessation Programs
----------------------------------------
The AOA would like to see weight loss treatments included in the same category of allowable medical expenses like treatments for heart disease or stroke. According to Downey, the IRS responded to the petitionlast October by saying consideration would be given to reverse the revenue ruling if facts were provided establishing either that obesity itself is a disease,or weight loss by an obese person could prevent the onset of disease.

The AOA responded with an "exhaustive submission covering both of those bases," Downey says. "It almost gets to the point, why did we ask this question in the first place, it's so obvious, but of course, it isn't, there's still a lot of misunderstanding about obesity."

The AOA wants the reversal to allow deductions for the costs of comprehensive obesity treatment, including surgery, pharmacology, behavioral counseling, and programs for the specific purpose of weight maintenance and loss. Downey says he's "optimistic" the IRS will rule in their favor based on the strength of the evidence in their 58-page submission to the agency.

Obesity Is Considered A Chronic Disease
-----------------------------------------
Chris Rosenbloom, PhD, RD says obesity is considered a "chronic disease, it has actually been classified a disease. It's probably the biggest chronic health problem that we have in the United States." Rosenbloom is an associate professor of nutrition at Georgia State University in Atlanta.

Rosenbloom says obesity can lead to high blood pressure, increased risk for cardiovascular disease, type 2 diabetes, and possibly even certain types of cancers. According to the AOA, about 55% of U.S. adults are overweight or obese. The health care costs for treating diseases caused by obesity, such as diabetes and heartdisease, was over $100 billion in 1999 alone.

Medicare And Medicaid Next?
-----------------------------------------
Downey says the AOA is "working with some of the managed care associations and Medicare. We're going to be looking at Medicaid hopefully in the near future. We obviously want to see them provide better coverage." But Downey says the IRS and the insurance industry are two very different issues. The IRS is more cut-and-dry, and the questions associated with it are not as complex.

The IRS has to interpret obesity as a medical problem. Until it does, it is doubtful that tax relief will come. Even though medical deductions qualify after seven anda half percent of your adjusted gross income. If you were making $100,000 a year, you would have to have over $7,500 before you could deduct it. Most people don't.

Downey agrees "it's a very small category, but in our view, particularly for people who need bariatric [obese-specific] surgery, which is going to be $8,000 to $12,000, or so and frequently is not covered by insurance plans, thatprobably is the individual who is going to benefit from this change. Most middle class people would have to go to a lot of Weight Watchers meetings to get up to that level."

There has been a 40% increase in the number of obese people since 1980 and the incidence of obesity in children is rising. This is an issue that needs to be addressed.

You may reprint or publish this article free of charge as long as the bylines are included.

Original URL (The Web version of the article)
------------
Losing Weight: Healthier Wallet

About The Author
Michael Lewis has been collecting articles and information on Weight Loss and HGH (Human Growth Hormone and related health benefits. He has created and edits numerous websites about this subject. Michael is a staff writer for http://www.ageforce.com and several otherwebsites. If you would like to contact Michael you can e-mail him at Michael@AgeForce.com If you would like to know more about Weight Loss, HGH (Human Growth Hormone) and related health topics please visit us at AgeForce.com.


MORE RESOURCES:

Riviera Maya News

4 Downsides of Weight Loss Nobody Ever Tells You About
Huffington Post
It's no secret that we live in a culture obsessed with weight loss. We are constantly talking about wanting to lose weight, how to lose weight, who has lost the most weight, and how perfect all our lives would be if we could lose just a little more ...
A healthy way for women to lose weight in the breastsRiviera Maya News

all 4 news articles »


MedPage Today

Weight-Loss Surgery and Pregnancy Complications
WebMD
Swedish scientists found that weight-loss (or "bariatric") surgery before pregnancy lowers the chances of certain complications for mothers and babies but raises the odds for others. They recommended any pregnancy after weight-loss surgery be ...
Weight-loss surgery tied to pregnancy benefits, risksFox News
Mixed Outcomes in Pregnancy After Weight-Loss SurgeryMedPage Today
Weight-Loss Surgery Lowers Some Pregnancy Risks in Obese WomenBloomberg
HealthDay
all 35 news articles »


Yahoo Health

7 Top Swaps For Weight Loss
Yahoo Health
To help you determine which is which—and strip away up to 30 pounds or more a year, without dieting—we at Eat This, Not That! just released our annual report on the Top Swaps for Weight Loss, compliments of the all-new book Eat This, Not That!



Banned weight-loss drug could combat liver disease, diabetes
Science Now
A drug the U.S. government once branded “extremely dangerous and not fit for human consumption” deserves a second chance, a study of rats suggests. Researchers report that a slow-release version of the compound reverses diabetes and nonalcoholic ...

and more »


Hormone pill hope to helps weight loss, diabetes
WWL
Meg Farris examines if targeted estrogen sent to the brain and bone and away from breast tissue can help in weight loss and a battle against diabetes. WWL. Meg Farris / Medical Reporter 8:01 p.m. CST February 25, 2015. CONNECT 49 TWEET 1 ...



Nancy Dell: Garcinia for weight loss; Cinammon for lowering blood sugar
wwlp.com
The active ingredient is found in the rind and is reported to reduce appetite, but the studies on garcinia and weight have mixed results. Some show it has no effect on weight and others show a very slight increase in weight loss, 1/4 pound a week ...

and more »


WABC-TV

Woman known as 'Half Ton Killer' shares weight loss journey
WABC-TV
... woman once dubbed the "Half Ton Killer," accused of killing her nephew by rolling on him with her 1,000-pound frame. But after clearing her name, she has a new lease on life, a unbelievably smaller body, and is motivating others with her weight ...

and more »


Weight loss journey: Part I
The Harlan Daily Enterprise
I had researched the idea of weight loss surgery for years and my primary obstacle had been insurance coverage. The plans offered to small businesses in Kentucky do not pay for weight loss surgery, but even further, they don't pay for any COMPLICATIONS ...

and more »


The Indian Express

This New Injection Burns Calories to Aid Weight Loss
Shape Magazine
Evolution is your biggest weight loss enemy, but you may now be able to outsmart it. In a new study published in the journal Molecular Therapy, a team of researchers from the University of Iowa and the Iowa City VA Medical Center developed a type of ...
Weight-loss injection helps rainbow mouse keep trimNew Scientist

all 16 news articles »


Closer Weekly

Weight Loss Wednesday: Courtney was Determined to Get Fit After Baby — and ...
Closer Weekly
Life was difficult before my weight loss. When I got pregnant I was 145 pounds and [at the end of my pregnancy I weighed] 200 pounds. I was so excited to be a mom... but I was never truly happy with how I looked before [getting pregnant] so I didn't ...


Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright © 2006 Luminati Inc. All rights reserved.