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 petition last 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 heart disease, 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 and a 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, that probably 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 web sites about this subject. Michael is a staff writer for losing weight: healthier wallet and several otherwebsites. If you would like to contact Michael you can e-mail him at losing weight: healthier wallet If you would like to know more about Weight Loss, HGH (Human Growth Hormone) and related health topics please visit us at losing weight: healthier wallet.
Frankie saddled up to the bar at the We-Stuff-Em-All Diner,... Read More
An ancient practice from Eastern Medicine, bowel cleansing is fast... Read More
You may not like what I have to say, even... Read More
If you're taking a fiber supplement or eating a high... Read More
In twenty years of consistant exercising, maintaining a low percentage... Read More
As many of us know, it's the first few days... Read More
What is "too young" to begin a weight loss program... Read More
The human body is designed to run best on a... Read More
"Who are you to give me weight loss advice?" I... Read More
What is the link between Hispanics and obesity? Are people... Read More
In our mind's eye, we see our ancient ancestors as... Read More
Now I know you're always asking yourself questions.You know the... Read More
Cut the Calories, Bring Out the BikiniSummer's almost here and... Read More
Obesity is quickly becoming the number one health issue confronting... Read More
20 WAYS TO LOSE WEIGHT1. Take it one step at... Read More
Ever wondered why some people manage to keep their weight... Read More
Let's face when it comes to overweight and obesity there... Read More
Here are 4 diet tips we all need reminded of... Read More
When you are faced with the daily challenge of trying... Read More
Being over weight is usually being 20 percent or more... Read More
Many Americans include health improvement in their New Year's Resolutions.... Read More
Do you remember nodding your head with understanding during your... Read More
On the road to weight loss, fitness, and health,... Read More
When most people begin a Weight Loss program or diet... Read More
You will be surprised to find out how many people... Read More
licensed cleaning services Park Ridge ..Please feel free to comment, to provide good information and... Read More
Losing weight quickly is not advisable as most of the... Read More
"The kind of thoughts that you plant in your mind,... Read More
Once upon a time, I fretted about going to a... Read More
Have you ever decided to take a trip somewhere relatively... Read More
Cut the Calories, Bring Out the BikiniSummer's almost here and... Read More
We are a large people. 65% of us are overweight,... Read More
Much has been written about obesity and globesity. Obesity is... Read More
Fat burners have become very popular in today's society, especially... Read More
You are the GREATEST, aren't you? You are focusing on... Read More
You have heard enough about losing weight with various means... Read More
What's a Low Carb Diet Really Mean?When I hear low... Read More
1.The first step to living a Glycemic Diet Lifestyle is... Read More
Throughout my childhood and teenage years I watched as my... Read More
From the moment of birth your first emotional experiences establish... Read More
When you are faced with the daily challenge of trying... Read More
If you find this article helpful, please forward it to... Read More
For sometime now, you've been hearing about the Milk Diet... Read More
The diet that worked for meI have had a lot... Read More
There's recently been a LOT in the weight loss news... Read More
As the holidays approach, a frequent question from my clients... Read More
Dr. Hagglund's Healthy Eating Tips(All wheat products, bananas*, breads, rice,... Read More
Dietitians just plain don't like low-carb or high-protein diets.Whether it's... Read More
Have you ever dreaded the idea of pulling weeds, planting... Read More
Serious diet pills are intended for people who are overweight... Read More
Weight Loss |