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Weight Loss Information from experts |
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Losing Weight: Healthier Wallet
Lose Weight - Get A Break 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 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 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? 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) About The Author
MORE RESOURCES: Christopher Schwarzenegger debuts dramatic weight-loss transformation aboard boat with family Fox News How Weight-Loss Drugs Impact Your Dating Life Time Magazine Diabetes: Can turmeric supplements help with weight loss? MedicalNewsToday EastEnders star Natalie Cassidy says starring in weight loss DVDs was ‘not a good move’ The Independent Eli Lilly Says New Pill Results in 10.5% Weight-Loss for Diabetes Patients. The Stock Is Up. Barron's Serena Williams Reveals Her Weight Loss Journey: After Kids, GLP-1s Were “A Medicine My Body Needed” The Hollywood Reporter Lilly rounds out oral GLP-1 approval bid with phase 3 obesity win for patients with diabetes Fierce Biotech Understanding Appetite-Controlling Amylin Receptors Could Aid Development of Future Weight Loss Drugs Pharmacy Times The truth about pink salt and weight loss Missouri State University Why Serena Williams is proud of taking weight loss drugs NBC4 Los Angeles The Heavy Cost of Using Weight-Loss Drugs to Get Skinny Time Magazine Serena Williams and More Stars Who’ve Served Up Their Take on Ozempic and Other Weight-Loss Drugs E! Online Serena Williams Reveals She Lost 31-Lbs. Using Weight-Loss Medication: ‘I Feel Great’ (Exclusive) People.com Rebel Wilson weight loss: How the Pitch Perfect star lost over 80 pounds while enjoying burgers and fries Times of India Meghan Trainor Looks 'So Different' In New TikTok Video After Drastic 60-Pound Weight Loss yahoo.com Serena Williams Fronts Campaign for Weight Loss Drugs The Business of Fashion Arnold Schwarzenegger’s son Christopher looks unrecognizable on family vacation after dramatic weight loss New York Post Concerns rise over uncontrolled prescriptions for weight-loss drugs The Korea Herald Serena Williams Opens Up About Losing Weight On A GLP-1 In An Exclusive Interview: 'It's Not A Shortcut' Women's Health Swiss regulator warns against dangerous weight loss products SWI swissinfo.ch Actress Slams Serena Williams’ Weight Loss Drug For Potentially ‘Devastating’ Side Effects parade.com Fans slam Serena Williams for pushing 'dangerous' agenda with weight-loss medication admission Page Six TRICARE Coverage of Weight Loss Medications: What To Know TRICARE Newsroom (.mil) Why Skin Quality Matters So Much After Weight Loss newbeauty.com 22.9-Pound Weight Loss: Lilly's Once-Daily Oral GLP-1 Drug Succeeds in Major Obesity Trial Stock Titan Tennis legend Serena Williams reveals she lost over 30 pounds after taking weight-loss drug Yahoo Sports New GLP-1 pill for weight loss may be closer to reality as drugmaker Eli Lilly says it will file for regulatory approval News Channel 3-12 Jameela Jamil SLAMS Serena Williams for Fronting New Weight-Loss Company That Grape Juice.net Serena Williams built her legacy on defiance. Why lend it to Ozempic culture? | Bryan Armen Graham The Guardian |
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