Is Mutual of Omaha a good Medicare Supplement plan?
Asked by: Blaise King | Last update: April 29, 2025Score: 4.2/5 (45 votes)
Which insurance company is the best for Medicare supplements?
"Based on NerdWallet's Medigap rubric, I picked five best Medicare Supplement Insurance companies for 2025: AARP/UnitedHealthcare, Mutual of Omaha, State Farm, Anthem and Blue Cross Blue Shield. These companies stood out based on plan types offered, premiums, discounts, complaint rates and nationwide availability."
What is the star rating for Mutual of Omaha Medicare Supplement?
Mutual of Omaha Medigap earned 4.5 stars out of 5 for overall performance. NerdWallet's ratings are determined by our editorial team.
How much does Mutual of Omaha Medicare Supplement cost?
Plan G from Mutual of Omaha costs $156 per month, on average. That's roughly in line with the national average. Plan G is the best Medicare Supplement plan for those who are newly eligible for Medicare. Mutual of Omaha offers eight Medicare Supplement plans and two additional high-deductible plan versions.
Which Medicare Supplement plan has the highest level of coverage?
Plans C, F and G offer the most supplemental coverage, paying many of your out-of-pocket costs for Medicare-approved services. Consider one of these plans if you are willing to pay a monthly premium that is typically higher in exchange for more covered benefits and lower out-of-pocket costs.
Mutual of Omaha Medicare Supplement Review
What is the best medicare plan that covers everything for seniors?
Original Medicare with Medigap likely offers the most comprehensive coverage, but it may also be the most costly. A person can consider their income and how much they are able to spend before choosing a Medicare plan. Original Medicare with Medigap also offers a lot of flexibility when choosing a doctor or specialist.
Do most doctors accept Medicare Supplement plans?
The short answer is “No”. However, if a doctor accepts Medicare itself, which is your primary coverage, then they will also accept your Medigap plan, regardless of what company sold you the plan or which Medigap plan you have. The key thing to remember is that Medigap plans “follow” Medicare.
Does Mutual of Omaha Medicare supplement cover dental?
Medicare doesn't pay vision, dental, or hearing benefits unless they are related to a larger medical occurrence. Generally, Medicare supplement insurance policies do not offer these benefits, either. Medicare Advantage plans might contain vision, dental, or hearing benefits.
What percent of seniors choose Medicare supplement plans?
Key takeaways from the report included: The percentage of fee-for-service Medicare enrollees purchasing Medicare Supplement coverage grew from 35.4% to 41.4% between December 2017 and December 2022.
How long has Mutual of Omaha been selling Medicare supplement plans?
How long has Mutual of Omaha been selling Medicare Supplements? Mutual Of Omaha has been in the Medicare Supplement business since the program began in 1992.
How trustworthy is Mutual of Omaha?
Mutual of Omaha Insurance Company and United of Omaha Life Insurance Company have earned strong ratings from three major rating services: A.M. Best, Moody's and S&P Global. Companion Life Insurance Company and United World Life Insurance Company have earned strong ratings from A.M. Best and S&P Global.
What is the most popular AARP medicare supplement plan?
For most people, the best Medicare Supplement option is Medigap Plan G from AARP/UnitedHealthcare, which costs $157, on average. This plan covers nearly all of the costs that you're responsible for paying with Original Medicare.
Is Mutual of Omaha a good company for Medicare supplemental insurance?
Mutual of Omaha Medigap plans offer excellent customer service, household discounts up to 12%, and guaranteed renewal. Mutual of Omaha has been administering Medicare since its inception. Today, it's considered one of the top Medigap carriers, covering nearly 10 percent of Medicare beneficiaries.
What is the downside to Medicare Supplement plans?
There are a couple of cons to consider before choosing a Medigap plan: Premiums: Medigap premiums can be pricey. Coverage: Medicare Supplement plans don't cover everything, so you'd still have to pay out of pocket for things like dental care, vision care and long-term care.
What Medicare Supplement is the most popular?
There are 10 different types of Medigap policies (labeled A through N), each having a different, standardized set of benefits (Appendix Table 3). Plan G is the most popular Medigap policy, accounting for 39% of all policyholders, or nearly 5.3 million people, in 2023 (Figure 3).
Why are people leaving Medicare Advantage plans?
Key takeaways: People leave Medicare Advantage plans because out-of-pocket costs vary between plans, network restrictions can cause frustration, prior authorization requests can delay care, and it can be difficult to use the additional benefits they provide.
What are the 6 things Medicare doesn't cover?
- Eye exams (for prescription eyeglasses)
- Long-term care.
- Cosmetic surgery.
- Massage therapy.
- Routine physical exams.
- Hearing aids and exams for fitting them.
Should seniors buy Medicare Supplement insurance?
CDI recommends purchasing a Medicare Supplement Insurance policy if you have traditional Medicare to help offset your health care costs. If you have questions related to Medicare, contact Medicare or your local Department of Aging (HICAP).
Does Mutual of Omaha Medicare supplement cover eye exams?
Another great perk of Mutual of Omaha Medicare Supplement Plans is the eligibility for a free vision care plan from EyeMed Vision Care. Included in this are $50 eye exams, fixed price discounts on lenses, and up to 40% off frames. Simply present your Mutual of Omaha insurance card at any EyeMed Vision Care providers.
What is the deductible for Mutual of Omaha?
Plan information. Our most popular plan, Plan G helps you pay the Medicare Part A deductible ($1,676 in 2025), coinsurance and other costs incurred from Medicare Part A. However, it does not help you pay all costs, you still need to pay the Medicare Part B deductible $257 (in 2025) before Plan G begins paying benefits.
Which is better, a supplement or advantage plan?
Summary: Medicare Advantage offers broader coverage including prescription drugs and dental care, while Medicare Supplement focuses on covering most out-of-pocket costs. Medicare Advantage plans are managed by private insurers with network restrictions, whereas Medicare Supplement allows freedom of provider choice.
Does everyone pay $170 for Medicare Part B?
Most people pay no premiums for Part A. For Medicare Part B in 2025, most beneficiaries will pay $185 per month. Certain factors may require you to pay more or less than the standard Medicare Part B premium in 2025.
Can you be denied a Medicare Supplement plan?
At other times, insurance companies may refuse to sell you a policy. If you have or had health problems, you may not be able to buy the Medigap plan of your choice unless you are in open enrollment or a guarantee-issue period.