Guest guest Posted January 31, 2009 Report Share Posted January 31, 2009 Hmmm, I am a chiro. who is opted out of Medicare and it just took one form. That was 5 years ago - maybe things changed since then? My other personal experience with incorporating is that it did not protect me from creditors. I had to declare bankruptcy due to disability and if you notice applying for credit - even a " business " or " corporate " account - they ask for a social security number of a major share holder. That was me, I was responsible for all the corporations debts. Now, I was told if I had 7 or more share holders to split responsibility of the corporation (say 15% or so each) then there is no major share holder and they can not go after one person. That's just what happened to me - again 5 years ago - not sure about the rules now. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 3, 2009 Report Share Posted February 3, 2009 Brian, I don't know about 5 years ago. Current law restricts the opt-out option to " physicians. " " Physicians " are defined as MD, DO, DDS, DMD, or DPM. Chiros are not included but may elect to be non-par providers. See " Misinformation #4 " ... http://www.cms.hhs.gov/MLNMattersArticles/downloads/SE0749.pdf --Bill. On Jan 31, 2009, at 4:02 AM, Brian Harasha wrote: > Hmmm, I am a chiro. who is opted out of Medicare and it just took > one form. > That was 5 years ago - maybe things changed since then? Quote Link to comment Share on other sites More sharing options...
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