Mutual of Omaha Medicare Supplement Plans

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Mutual of Omaha Medicare Supplement plans are great for adding additional coverage to Original Medicare. Mutual of Omaha has been committed to helping customers through life’s transitions by providing an array of insurance, financial and banking products for more than a century.

They were one of the first companies to offer Medigap after the Medicare law began in 1965. They’re rated superior (A+) by A.M. Best and are rated A+ as well from the BBB.

Mutual of Omaha Medicare Supplement PlansThey offer supplements underwritten by:

  • Mutual of Omaha Life Insurance Company
  • United World Life Insurance Company
  • Omaha Insurance Company
  • United of Omaha Life Insurance Company

They’re a multi-line provider of insurance and financial service products. This includes long-term care, disability, and life insurance. They even have Dental Protection policies.

Mutual of Omaha offers Medigap policies across the nation, except in Massachusetts. Plans vary by state, but the two most popular Medigap policies are Plan G and Plan N.

Mutual of Omaha Medicare Supplement Plans Benefits Overview

Mutual of Omaha top Medigap plans

Mutual of Omaha top Medigap plans for 2019 include Plan F, Plan G, Plan N, and Plan F High Deductible

There’s a reason that all Medicare Supplement plans get great reviews, the benefits are standardized by the government. This means that a Plan F is a Plan F.

No matter which company you choose, the benefits will be the same.

You’ll have the same standard benefits that any Medigap Plan provides, including:

  • Coverage across the U.S. You can see any provider that accepts Medicare in the United States.
  • 30-day Free Look period, you can give the supplement a try and cancel if you decide it’s not a good fit.
  • The plan can’t end for health issues or plan usage; these policies are renewable! Of course, this only applies if you’re paying your premium.

Special features: 

  • No application fees
  • Rapid issue policy
  • Electronic delivery of temporary ID card when needed
  • Up to 12% discounts for household coverage (varies by state)
  • Plus, you get peace of mind having coverage from an A-rated major carrier

Mutual of Omaha Medicare Supplement Plan F

Plan F is considered a first-dollar coverage plan. This means that Medicare will pay what they are responsible first, then the balance is sent to the supplement carrier. If Medicare covers it, then Plan F will cover it as well.

Since Plan F is considered first-dollar coverage, you’ll have no out-of-pocket expenses. You just need to pay a monthly premium.

Medigap rates vary depending on many factors. Factors include your age, gender, location and rating method used.

Mutual of Omaha Medicare Supplement Plan G

Plan G benefits are more comprehensive than Plan N, and the premiums are also cheaper than Plan F in most states.

Plan G covers everything except the annual Medicare Part B deductible. For many beneficiaries, the amount they save in premiums exceeds the cost of the inpatient deductible.

You can check out Mutual of Omaha Medicare Supplement Plan G reviews here.

Mutual of Omaha Plan N

Plan N was designed for people who are willing to cover some of their own medical expenses in exchange for a much lower premium.

Your cost-sharing under Plan N is the Part B deductible and copayments up to $20 for doctor visits and $50 copayments for E.R visits. Beneficiaries are also responsible for any Part B excess charges.

Part B excess charges are no more than 15% that some doctors will charge beyond what Medicare pays. You can always ask doctors beforehand if they charge excess charges.

Medigap Plan N is popular for people who want the flexibility of supplemental coverage, with a lower premium option.

Mutual of Omaha High Deductible Plan F

The High Deductible Plan F is the same benefits as the Plan F after the annual deductible is met. This policy will cover Part A and B deductible, excess charges and foreign travel emergencies.

Obviously, people choose this option because they want to benefit from the lower premium. The savings is appealing to many retirees.

Some beneficiaries do feel like the out-of-pocket expenses are a bit much once they start getting a bill for the remaining 20%.

But they save quite a bit in monthly premiums that you would have paid if you were enrolled in the standard Plan F.

First Dollar Coverage Plans

In 2020, all first-dollar coverage plans will be going away. Those enrolled in Plan F, Plan C, and High-Deductible Plan F will be able to keep their plan.

As long as you become Medicare eligible prior to 2020, you can still enroll in one of the first-dollar coverage plans after they’re discontinued.

Lawmakers believe that when people have no out of pocket costs, they’ll be more likely to use their benefits for minor issues that don’t require medical care.

Omaha Insurance Medicare Supplement Eligibility & Enrollment

Omaha Insurance Medicare Supplement Eligibility & Enrollment

You can enroll in a Mutual of Omaha supplement plan at any time, but the best time to enroll is within the first 6 months of your Part B effective date

You’re eligible to enroll once you know your Part B effective date.

Your open enrollment window will begin on your Part B effective date and will last 6 months.

This period only happens once in a beneficiaries lifetime.

It gives you the opportunity to enroll without answering health questions.

To be granted a guaranteed issue, you would have to enroll during your OEP window. Or, you have to have proof of creditable coverage.

A form of creditable coverage is group employer coverage.

As long as you have proof that you had coverage prior to enrolling, you won’t have to go through medical underwriting.

You can enroll in any Omaha insurance Medicare Supplement plan at any time.

However, if you do so outside your open enrollment window, or don’t have GI, you could be denied and/or charged higher premiums.

Part B recipients that are losing Medicaid eligibility can enroll in a MOO Medigap policy with GI rights in California, Kansas, Tennessee, Utah, and Wisconsin.

Mutual of Omaha Medicare Advantage

Fall of 2018 meant big things for Mutual of Omaha Medicare Advantage Plans. This is the first time they have entered the market. They will be partnering with Lumeris, Inc.

They included the SilverSneakers program into their plan benefits. Enrollees can use a gym membership and classes as much as their healthy heart desires.

Some of these plans also include routine dental, vision, and hearing. If you have difficulty getting to doctor appointments, there is no need to worry. Transportation is a benefit available with these types of plans.

Currently, these advantage plans are only available in the Cincinnati (Ohio/Kentucky) and San Antonio markets.

However, these plans are not all that they seem to be. There can be a lot of limitations, including doctors that are in-network.

Many times, our clients end up dis-enrolling from their plan. They end up getting a Medigap plan due to them not being able to see their primary physician.

Mutual of Omaha Part D

Mutual of Omaha Part D

Supplement your Mutual of Omaha Medigap plan with a prescription drug plan

The company offers Part D prescription drug coverage in 49 states.

Omaha Health Insurance Company is a customer-focused company. That’s why we love working with MoO & their subsidiaries, they’ve become a leading provider of supplemental healthcare plans.

When they added drug plans, they responded to the customers’ requests.

There are two plans:

  1. Mutual of Omaha RX Value enhanced plan
  2. Mutual of Omaha RX basic plan

Additional Information About Mutual of Omaha Medigap Plans

  • If you’re under an Advantage plan but plan to return to Original Medicare, then you may apply for Medigap before coverage ends.
  • You’ll pay your carrier a premium for Medigap in addition to the Part B premium.
  • A policy will only cover one person. If you and someone else wish to gain coverage, then you must each purchase separate policies.
  • Policies are always renewable

Is Mutual of Omaha a Good Company for Medicare Supplements?

Yes, between their high customer ratings and the relationship we’ve built when the company, we trust them enough to enroll our clients.

Does Mutual of Omaha Medicare Supplement Cover Dental?

Yes, Mutual of Omaha’s dental and vision plans are offered to customers and available to purchase through one of our licensed agents.

Does Mutual of Omaha Medicare Supplement Cover Eye Exams?

Yes, Mutual of Omaha Medigap customers has access to vision care savings offered through EyeMed Vision Care.

Mutual of Omaha Rate Increases

As the overall cost of health care increases premiums for Medigap increase. Inflation is a huge reason for premium increases.

Beneficiaries that apply for coverage outside the Open Enrollment Period could pay more, or have higher increases since the insurance company is able to use health as a factor in rating.

Since women usually have lower rates than men, it would make sense that rate increases could be less for women than men. However, location, age and other factors are also rate determining factors.

Mutual of Omaha Medicare Supplement Plan G rate increase for 2019 in some areas are around 3% at the anniversary date of policies that fall under anniversary rating.

Mutual of Omaha Supplemental Insurance Rates

When you enroll in a Mutual of Omaha supplement plan through MedicareFAQ, you’ll get limitless support from our Client Care Team. If you have any issues with claims, we’re here to help!

To compare rates, please complete our online rate comparison form. You can also call one of our licensed agents today at the number above.

Our team is here to help you find the policy that fits your individual needs and budget. We can compare quotes with other top carriers in your area. Our services are 100% free.


  1. I have been pleased with my coverage with Mutual of Omaha supplement, but I’m curious if SilverSneakers will be added any time soon?

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