How Recession Proof is the Medicare Market?

Been hearing a bit about a possible recession coming again later this year. I have only been in the business for about 4 years now; not long enough to go through an economic cycle.
So I want to ask the vets here that work Medsupps and MAPD, and who have been in the business for 10+ years. Do economic recessions hurt your business like it would another business? Or do the fact that most seniors are on a fixed income, help make this business "recession proof"?
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