88 Inverness Circle East,
Englewood, CO 80112
Thrive Health Solutions requires payment upfront for their services and does not take insurances or submit to insurances (the only exception, patients can elect to use FSA/HSA funds to pay for treatments). Patients know that prevention is much more cost effective than disease. Preventative medicine, weight loss and bio-identical hormone replacement is a unique practice and is considered a form of alternative medicine. Even though the physicians and nurses are board certified as Medical Doctors and RN’s or NP’s, insurance does not recognize it as necessary medicine BUT is considered like plastic surgery (aesthetic medicine) and therefore is not covered by health insurance in most cases. This practice is NOT associated with any insurance companies, which means they are not obligated to pay for our services (blood work, consultations, insertions or pellets). We require payment at time of service. We WILL NOT, communicate in any way with insurance companies. Payments made to Thrive Health Solutions for BHRT, anti-aging or weight loss and for health maintenance may be tax deductible, (consult you CPA or accountant regarding IRS rules).
There are three categories of persons who may be eligible.
- If you have Health Savings Accounts (HSAs) through your employers. HSAs use the same definitions of medical expenses, as do individual taxpayers. Therefore, employees can use their HSAs for weight loss programs if undertaken at a physician’s direction to treat an existing disease.
- If your employer provides Flexible Savings Accounts (FSAs), an FSA may provide this coverage. Like HSAs, FSAs use the same definitions of medical expenses, as do individual taxpayers. Participants in an FSA would need a letter from a health care practitioner stating that they are not using the weight loss program merely for “general well being.”
- If you itemize your deductions you can add these costs to the costs of medical and dental expenses. Within this category, you can only deduct medical and dental expenses that exceed 7.5% of their adjusted gross income and that are not reimbursed. The IRS also states that “the deduction for medical care expenses will be confined strictly to expenses incurred primarily for the prevention or alleviation of a physical or mental defect or illness.” Maintaining an anti-aging or weight loss program should qualify you for the deduction if a physician recommends the continuation of treatment to manage weight for prevention or alleviation purposes. Check with your tax advisor for additional details or questions.