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:

Bizarre Weight Loss Tricks That Work (VIDEO)
Huffington Post
The hosts of The Doctors reveal unusual strategies to help you slim down or avoid over-eating, starting with Dr. Travis Stork, who suggests sleeping naked! “You've got white fat in your body and brown fat," he explains. "That brown fat is what burns ...



Speed of weight loss may have little impact on success at keeping it off
WHBL Sheboygan
(Reuters Health) – In a trial of weight loss approaches, the rate at which people dropped excess pounds was not linked to their success in keeping the weight off over the next three years. Researchers say the small study shows that current guidelines ...

and more »


Fox News

Study Compares 2 Common Weight-Loss Surgeries
U.S. News & World Report
THURSDAY, Oct. 30, 2014 (HealthDay News) -- A comparison of two of the most common types of weight loss surgery found that laparoscopic gastric bypass helped patients shed more excess pounds than adjustable gastric banding, but carried a higher risk ...
Gastric bypass surgery leads to more weight loss, complications, study findsFox News
Weight Loss Still Greater With Gastric-Bypass ApproachMedscape
Study compares gastric bypass procedures in weight loss, complicationsMedical Xpress
Newsmax Health
all 20 news articles »


Fox News

Weight-loss superfood: 6 tips for a healthy gut
Fox News
Over the years, I've noticed that clients who added a certain item to their diet seemed more likely to lose weight. And this happened even when their calorie intake remained the same. What is this superfood? It's nothing weird, and it's not a ...

and more »


High-Protein Snack Recommendations for Weight Loss
eMaxHealth
Studies show that the amount of snaking a person does in one day typically equals a fourth daily meal when it comes to calories consumed. While a snack is usually allowed in most diet plans to stave off that mid-afternoon hunger pain, you have to be ...



Diet Doc Discloses the Differences Between Their Weight Loss Programs and ...
GlobeNewswire (press release)
Because there are no government regulations or manufacturing standards, these diet pills may contain potentially harmful ingredients, as well as containing none of the actual ingredients touted to generate fast weight loss. Unfortunately, American ...

and more »


Weight-loss surgery and cancer
Lompoc Record
Question: Can weight-loss surgery help prevent cancer? It is clear that significant long-term weight loss achieved through bariatric surgery results in improved health through resolution of diabetes, hypertension, obstructive sleep apnea, reflux ...



The Denver Post

Losing weight, gaining tourists
The Denver Post
The first-ever Extreme Weight Loss: Destination Boot Camp at the University of Colorado Anschutz Health and Wellness Center in Aurora sold out four six-day sessions this fall, drawing 133 students eager to shed pounds and find a new path. Those ...



My workout: Through 85-pound weight loss, learning to treat my body right
San Jose Mercury News
My workout: Through 85-pound weight loss, learning to treat my body right. From Bay Area News Group. Posted: 10/29/2014 12:00:00 PM PDT. Updated: 10/30/2014 12:43:48 PM PDT. Name: Michele Winter. Age: 42. City: Martinez. My favorite workout: ...



CNN

What's happened to Kevin Smith and Al Sharpton?
CNN
(CNN) -- Good luck recognizing Kevin Smith these days. The director and sometime actor has not only slimmed down, he also shaved, which has left him looking decidedly less Kevin Smith-like. According to his Instagram account, Smith has lost 20 pounds ...


Google News


Advertisement



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

Copyright © 2006 Luminati Inc. All rights reserved.