Why Mutual of Omaha?
Mutual of Omaha is a well-known brand-name and offers competitive pricing for Medicare Supplement plans. They have been offering Medicare Supplement plans since 1966. Aside from competitive pricing, Mutual of Omaha is well known for excellent customer service.
What are the Main Reasons for Choosing Medicare Supplement Insurance Policies?
Beneficiaries 65 or older are driven by a strong desire to avoid network restrictions and medical management, while ensuring financial protection. Here are the individual reasons:
Ability to use any doctor or hospital
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Want all medical bills paid for
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Unrestricted access to medical specialists
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Want simple coverage that will not change
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Nationwide emergency coverage
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Ability to receive care while travelling
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Do not want co-pays for doctor visits
Key Features of Mutual of Omaha Supplement Insurance Plans
Quality customer service: Mutual of Omaha prides itself on its customer service and its ability to answer questions and resolve issues quickly.
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Nationwide provider options: The company’s provider networks spans across the U.S., allowing customers a large variety in provider and hospital options.
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Consumer-friendly website: Mutual of Omaha’s website explains Medicare coverage options and Medicare Supplement plans in simplified terms that are easy to understand.
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Reputation: Mutual of Omaha has such a long reputation, and its Medicare Supplement plans are hard to beat by any other carrier.
Mutual of Omaha Medicare Supplements Costs at a Glance
Average monthly premium: The cost of a Medicare Supplement plan depends on a person’s health needs and the plan selected. For example, Plan G costs roughly $120 per month, according to Buechler.
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Rate Stability: Mutual of Omaha may offer long-term rate stability on Medicare Supplement products thanks to its large customer base.
Your Out of Pocket Expenses Medicare Supplement Insurance Plan G
Plan G provides coverage for Part A coinsurance and hospital stays, Part A deductible, Part B coinsurance or copayment, skilled care nursing facility coinsurance, Part B excess charges.
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Out of Pocket Expenses you pay = Your monthly premium + 2024 Part B deductible of $240.
After the $240 is paid by you, all approved Medicare expenses are paid for you.
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This is as close to 100% coverage as you can get with Medicare.
Your Out of Pocket Expenses with Medicare Supplement Insurance Plan N
Plan N nearly comes close to having the same benefits of Plan G. The difference is that it will cost less because you are required to share the medical cost by paying copays at Doctor and hospital visits and Part B Excess Charges.
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Out of Pocket Expenses you pay = Your monthly premium + 2024 Part B deductible of $240 + Doctor office visits copays + hospital visits copay + Part B Excess Charges.
How Does Mutual of Omaha Rate?
Mutual of Omaha holds an A+ rating from AM Best and from Standard & Poor's Global. Mutual of Omaha has an A+ accreditation from the Better Business Bureau.
Summary
They are known nationwide for competitive pricing, excellent customer service, strong financial strength, and solid reputation. They are the number two provider of supplement insurance. It would be tough to find a Medicare Supplement as good as Mutual of Omaha.
Click on the Mutual of Omaha logo below to enroll with their link to their Electronic Medicare Supplement Insurance purchase page.
You Can Submit an Application if:
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1. It is within 6 months of your effective date for Part B, or
2. Any Time of the Year if You Have Medicare Supplement Insurance With Another Carrier
Applications should not be submitted if the applicant has any of the following conditions:
AIDS
Alzheimer’s Disease
ARC
Any cardiopulmonary disorder requiring oxygen Cirrhosis Chronic Hepatitis.
Chronic Kidney/Renal Disease
Chronic Obstructive Pulmonary Disease (COPD)
End-Stage Renal Disease (ESRD)
Kidney Disease requiring dialysis
Kidney (Renal) Failure/End-Stage Renal Disease
Any kidney disorder that has the applicant being evaluated for, or who is currently on dialysis.
Amyotrophic Lateral Sclerosis (Lou Gehrig’s Disease)
Lupus – Systematic
Multiple Sclerosis
Myasthenia Gravis
Organ Transplant
Osteoporosis with Fracture
Parkinson’s Disease
Pulmonary Hypertension
Senile Dementia
Other cognitive disorders to include:
• Mild Cognitive Impairment (MCI)
• Delirium
• Organic Brain Disorder
• Cerebrovascular Disease with Cognitive Deficits.
• Dissociative Amnesia
• Huntington’s Chorea (Huntington’s Disease)
• Post-Concussion Syndrome with residual problems
