Mutual Of Omaha Medicare Supplement Review

Get a Customized Quote and Compare Mutual of Omaha Medicare Supplements Rates Call (614) 402-5160 to talk with a licensed agent

 Mutual of Omaha – Company Overview

Mutual of Omaha is the second largest Medicare supplement company in the U.S.  They’re rated A+ by A.M. Best which is the highest accolade by that organization.  Omaha has been offering Medicare Supplements since 1966 and were the first company to administer Part A and B benefits. With over 55 years of experience, competitive pricing and products for retirement, they are a top recommendations for Medicare Supplements.

Mutual of Omaha began in 1910 as the Mutual Benefit Health & Accident Association and in 1918 they merged with the Omaha Health and Accident Association.  In 1950 they became Mutual of Omaha base out of Omaha Nebraska.  If you haven’t recognized the name yet, you’ll probably remember the television Show Wild Kingdom hosted by Marlin Perkins which was sponsored by Mutual of Omaha.  They’re rated A+ with A.M. Best which is the highest level of designation.

MUTUAL OF OMAHA MEDICARE SUPPLEMENTS

Omaha offers their plans in all 49 states and The District of Columbia through one of these five companies:

■ Mutual of Omaha Insurance Company
■ United of Omaha Life Insurance Company
■ Omaha Insurance Company
■ United World Life Insurance Company
■ Omaha Supplemental Insurance Company

The state you live in determines the Omaha company that you’re eligible to apply with.  We’ll tell you which company and plans are offered in your state.

Which Medicare Supplements does Mutual of Omaha offer?

Well, that too depends on the state you live in.  They offer plans in all 50 states except the state of Massachusetts. You can purchase a Plan A, Plan F or Plan G no matter where you live.  Plan N is offered in all the states except in New York and Maine where you can purchase a Plan M instead.

They also have the High Deductible F and/or the High Deductible G versions in all their states except New York.

PLAN A

Covers Medicare Parts A and B coinsurance, first 3 pints of blood and Part A Hospice. The most basic Medicare supplement plan.

PLAN F

The highest level of coverage.  Pays all Medicare deductibles, coinsurance, copays, excess charges and $50,000 for Foreign Travel.  Only available if you were eligible for Medicare before January 1, 2020.

PLAN G

Includes all the coverage of Plan F except the Part B deductible. The richest Medicare supplement benefits if you were eligible for Medicare on or after January 1, 2020.

PLAN N

A cost effective plan that covers the majority of available benefits with the possibility of small copays for office visits emergency rooms.  There’s no coverage for the Part B deductible or Part B excess charges.

PLAN M

Available only in New York and Maine.  This is another cost effective plan that covers all the copays and coinsurance. It covers 50% of the Part A deductible and doesn’t pay the Part B deductible or excess charges.

High Deductible PLAN F AND G

All the benefits of an F or G plan.  Your responsible to pay the annual High Deductible amount set by Medicare each year. Medicare parts A and B will pay their portions, then you cover the balance until you reach your annual deductible.

Call (614) 402-5160

talk with a licensed agent to find out which plans are available in your state

Why Choose a Mutual of Omaha Medicare Supplement?

There is power in numbers.  The years of experience in underwriting policies, pricing plans and administering claims can make a difference!

Not only do you get the benefit of years of experience, the family of Omaha supplements also has attractive features that aren’t available with all other companies.  You can enroll in a Mutual of Omaha Medicare Supplement plan any time of year and it can start on any day of any month.   The discount may even be available even if another person isn’t enrolling with you.

♦ Nationwide coverage and no networks of physicians and hospitals

♦ 7%, 10%, or 12% household  discounts

♦ No policy or application fees to pay with your first premium

♦ 12-month rate guarantees so your rate can’t change during your first policy year

♦ You won’t get multiple rate increases in a year

♦ Choose the day you want to pay your premiums

♦ Quick online application process with our licensed agents

♦ Automatic claims coordination with Medicare

♦ Temporary ID cards while you wait for the policy in the mail

Discount Vision plan at no additional cost with EyeMed Advantage:

⇒$50 exams with dilation

⇒40% off retail frames up to $140, then 20% off

⇒15% off Laser Vision Correction procedures

⇒Lens Options include:

UV Coating $12
Tint (solid and gradient) $12
Standard Polycarbonate $35
Standard Anti-Reflective Coating $40

Apply for Additional benefits that aren’t covered by a Medicare or a Supplement

Mutual of Omaha offers other types of insurance that compliment Medicare Supplements.  Medicare doesn’t cover everything so be sure to cover your bases.

The most common types of plans that Medicare beneficiaries shop for is Dental insurance, a Final Expense plan and Long Term Care insurance.  Mutual of Omaha is a leading provider for all three of these plans.

Dental insurance is available through age 99 and there’s no pre-existing conditions to consider.  You can choose from two levels of coverage based on your needs and budget.

Final Expense insurance is whole life insurance that’s paid directly to the beneficiary.  The death benefit will never change and the premiums are guaranteed to remain the same for life.

Long Term Care insurance pays for nurses, home healthcare aids, and facility fees either in an assisted living, nursing facility.  Medicare pays for medically necessary care not custodial care.   If you want insurance to pay for help in your own home or in a facility, you should consider an additional policy to help pay those charges.  You have to be healthy enough to be accepted so don’t wait until it’s too late.

Mutual of Omaha Portfolio of Products

Mutual of Omaha 

  • Medicare Supplement Insurance
  • Long-Term Care Insurance
  • Disability Income Insurance
  • Critical Illness Insurance
  • Cancer, Heart Attack & Stroke Insurance
  • Prescription Drug Plan
  • Dental Insurance
United of Omaha Life Insurance Company 
  • Term Life Insurance
  • Whole Life Insurance
  • Universal Life Insurance
  • Accidental Death Insurance
  • Annuities
  • Investments

 

 

 

 

 

 

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