Forbes December 6, 2022
When the Medicare and Medicaid Act was signed into law in 1965, the path to entrepreneurship and retirement was more straightforward than it is now. Today, Americans are working longer and many are starting businesses later in life. In fact, the number of people starting businesses after the age of 50 has jumped by 50% since 2007. Many of those entrepreneurs go on to run their businesses while on Medicare.
Nearly 60 million Americans are covered by Medicare, making it one of the largest health insurance providers in the United States. As such a dominant payer, innovations and actions taken by Medicare often influence the broader healthcare market, including private and employer-sponsored insurance coverage options.
Provisions in the Inflation Reduction...
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