Which Mutual of Omaha Medigap Plan Is Right for Me?
Because the company offers fewer plans than other companies we’ve reviewed, like Aetna, it might be a bit easier to choose a plan. However, if you’re looking for more variety, you may want to consider other popular providers, like Humana, Aetna, or Blue Cross Blue Shield. We’ve outlined our recommendations for Mutual of Omaha’s various Medigap plans so you can find the one that’s right for your budget and lifestyle.
Seniors Who Need Basic, Comprehensive Coverage
Medigap Plan A (not to be confused with Medicare Part A) is the most basic Medigap insurance you can buy. All providers are required to offer it. While it’s typically the least-expensive plan, Mutual of Omaha’s price is higher than some other options. Plan A covers leftover costs from Medicare Parts A and B, plus additional coverage for 365 days after the Medicare limit.
Seniors Who Want Full Coverage Without High Deductibles or Out-of-Pocket Costs
Plans F and G offer the most coverage and are, therefore, generally the most expensive. They’re nearly identical, except that Plan G does not cover Part B deductibles (a $203 annual expense). Neither requires copays or coinsurance. Plan G is especially popular because it covers all Medicare-approved gap expenses except for Part B. Many positive customer reviews say they had little to no costs once they’d paid their Part B deductible. Both plans offer comprehensive coverage for many seniors' needs, including hospital coverage, hospice care, outpatient care, skilled nursing facility coverage (up to $194.50 per day for days 21-100), and help with copayments for routine appointments.
Buyer's Tip: Mutual of Omaha offers up to a 12 percent household discount when two family members enroll together. This is an easy way to save on your plan!
Seniors on a Tight Budget Who Don’t Have Frequent Doctor’s Appointments
For seniors who don’t need to visit the doctor frequently, Plan N is a less expensive option for nearly full coverage. However, you’ll be charged a $20 copay for every office visit and a $50 copay for emergency room visits. Because Plan N doesn’t include the Medicare Part B deductible, you’ll also need to pay the $233 deductible (Plan N copayments don’t count toward the annual Part B deductible.).
Seniors With Chronic Health Conditions, Frequent Appointments, or Those Needing Major Procedures
High Deductible Plans F and G offer the most comprehensive coverage for the lowest monthly premiums. But because you have to pay more than $2,000 out-of-pocket before benefits kick in, they’re better for those who know they’ll reach or exceed that deductible to take advantage of the benefits. These might be good options if you’re managing a chronic illness, have frequent follow-up appointments with providers and specialists, or you anticipate undergoing surgery.