The medications that are prescribed for elderly asthmatic patients with heart disease must be carefully considered. β-Adrenergic agonists have the potential to produce clinically significant hemodynamic changes and cardiovascular events in asthmatic patients of all ages. On the basis of animal data, the concomitant administration of methylxanthines may potentiate this effect. Orally inhaled asthma medications may cause paradoxical bronchospasm, which can be profound and life-threatening. These effects could be devastating for some elderly asthmatics with compromised cardiac function. Such patients are at even greater risk, however, from exacerbations of asthma that are associated with hypoxia. Therefore, use of corticosteroids to prevent or treat such exacerbations is important in minimizing the cardiac risk for these patients. Approaches that will lessen the need for asthma medications also need to be considered carefully. This should include avoidance and treatment of extrinsic and intrinsic triggers, and possibly allergen immunotherapy. In addition, the elderly asthmatic patient with heart disease should understand the pathophysiology and symptoms of asthma, as well as appropriate treatment under varying circumstances. Because of multiple benefit-risk considerations in the elderly asthmatic patient with heart disease, it is appropriate to refer these patients to an allergist or pulmonologist for management assistance. Such specialists should work closely with the referring physician and the patient’s cardiologist to determine the potential respiratory impact of diuretics, β-adrenergic blocking agents, nonsteroidal anti-inflammatory drugs, and other medications used to treat patients with cardiac disease. Failure to consider the possibility of adverse effects from the administration of these medications can place the elderly asthmatic patient with heart disease at unnecessary risk.