An Overview of Each Mutual of Omaha Medicare Supplement Plan
Who is Mutual of Omaha?
Originally founded in 1909 and based out of Omaha, Nebraska, Mutual of Omaha (formerly United Benefit Life Insurance Company) is a Fortune 500 insurance and financial services company. They offer a variety of Medicare supplement plans—including prescription drug and dental insurance plans—as well as employer-based plans, and life, disability, dental, cancer, and long-term care insurance.
Compared to many other popular Medicare supplement providers, Mutual of Omaha also offers a no-cost Additional Benefit Rider that provides third-party discounts and services, such as:
- Mutually Well — This program delivers up to 30% discounts on more than 20,000 healthy living products and services and provides access to fitness and walking programs.
- Amplifon Hearing Health Care — Helps you save on Amplifon’s hearing tests and aids.
- EyeMed Vision Care — Gives you the opportunity to save $50 on eye exams, 40% on frames up to $140, and discounted pricing on lenses and other services.
With these details in mind, let’s dive in and take a brief look at the coverages and costs you’ll find with each Mutual of Omaha Medicare supplement plan.
Mutual of Omaha Supplement Plan Coverage and Rates
For 2021, Mutual of Omaha offers four different Medicare supplement plans.
Plan F
Plan F is designed to pay for the remaining approved expenses not covered by Original Medicare.
| Basic benefits: Part A coinsurance, Part B coinsurance, hospice care coinsurance, first three pints of blood each year | Yes |
| Skilled nursing facility coinsurance | Yes, covers all charges between days 1 and 20, and up to $185 per day for days 21 to 100 |
| Part A deductible | Yes, pays the first $1,484 |
| Part B deductible | Yes, pays the first $203 |
| Part B excess charge | Yes, up to 15% more |
| Foreign travel emergency | Covers up to 80% of charges up to $50,000, less $250 annual deductible |
| Monthly premium** | $212.53 |
High-Deductible Plan F
Like the standard Plan F, the high-deductible option is designed to pay for the remaining approved expenses not covered by Original Medicare. The difference is that the latter requires you to pay $2,370 for deductibles, coinsurance, and copayments before the plan covers all remaining expenses.
| Basic benefits: Part A coinsurance, Part B coinsurance, hospice care coinsurance, first three pints of blood each year | Yes |
| Skilled nursing facility coinsurance | Yes, covers all charges between days 1 and 20, and up to $185 per day for days 21 to 100 |
| Part A deductible | Yes, pays the first $1,484 |
| Part B deductible | Yes, pays the first $203 |
| Part B excess charge | Yes, up to 15% more |
| Foreign travel emergency | Covers up to 80% of charges up to $50,000, less $250 annual deductible |
| Monthly premium** | $212.53 |
Plan G
Comparatively, Mutual of Omaha’s supplement Plan G doesn’t cover your Part B deductible ($203 for 2021).
Related: Medicare Supplement Plan F Versus G Explained
| Basic benefits: Part A coinsurance, Part B coinsurance, hospice care coinsurance, first three pints of blood each year | Yes |
| Skilled nursing facility coinsurance | Yes, covers all charges between days 1 and 20, and up to $185 per day for days 21 to 100 |
| Part A deductible | Yes, pays the first $1,484 |
| Part B deductible | No |
| Part B excess charge | Yes, up to 15% more |
| Foreign travel emergency | Covers up to 80% of charges up to $50,000, less $250 annual deductible |
| Monthly premium** | $150.17 |
Plan N
Like Plan G, Mutual of Omaha’s supplement Plan N doesn’t cover your Part B deductible. You’ll also have copays up to $50, depending on whether you visit your doctor or are admitted to an emergency room.
Plan N also doesn’t cover Part B excess charges, which means you’ll be responsible for any expenses over what Medicare pays for different services.
Related: The Basics About Medicare Part B Coverage
| Basic benefits: Part A coinsurance, Part B coinsurance, hospice care coinsurance, first three pints of blood each year | After copay (up to $20 for office visits and up to $50 for emergency room visits) |
| Skilled nursing facility coinsurance | Yes, covers all charges between days 1 and 20, and up to $185 per day for days 21 to 100 |
| Part A deductible | Yes, pays the first $1,484 |
| Part B deductible | No |
| Part B excess charge | No |
| Foreign travel emergency | Covers up to 80% of charges up to $50,000, less $250 annual deductible |
| Monthly premium** | $117.68 |
Need Help Choosing a Mutual of Omaha Medicare Supplement?
Whether you choose Mutual of Omaha or another carrier, the team at IHS Insurance Group has more than a decade of experience helping clients like you obtain the coverage they need at prices that match their budget.
Need a FREE Quote or have questions regarding Medicare or Medigap Coverage? We have three convenient ways to reach us:
- If you prefer to talk to a licensed agent directly, please call (866) 480 5063
- If you prefer to fill out a quick form and have an agent get back to you at your convenience, use the GET A FREE QUOTE tool.
- Lastly, for those that want an immediate quote, please click HERE.
Also, check out our Medicare FAQs here.
**We used zip code 77377, an effective date of 10/1/21, and based our rates on a 70-year male non-smoker.
