If I am a73 year old and am starting a LLC business, will that effect my Medicare and prescription benefits?

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If I am a73 year old and am starting a LLC business, will that effect my Medicare and prescription benefits?

Asked on January 13, 2012 under Business Law, California

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

Medicare and related benefits (e.g. prescription benefits) are primarily influenced by age (e.g. you have to be old enough to qualify) and secondarily by whether you have other health insurance--the interplay of medicare and other insurance can get complex. Merely starting a business (or being otherwise employed/earning money) should not affect your medicare, etc. so long as you do not start up an insurance plan through your business.


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