Mutual of Omaha Medicare Supplement plans are one of the leaders, nationwide, as far as market share. There’s a good reason for that. These plans contain the two things that you should be looking for, when comparing Medicare Supplement insurance:
- Competitive pricing – Mutual of Omaha Medicare Supplements are almost always among the most competitively priced in the market. They generally have very competitive rates on the Medigap Plan G and the Medigap Plan F, which are arguably the two most popular Medicare Supplements offered. Whenever checking prices, you will invariably see that Mutual of Omaha consistently ranks in the top 2-3 price-wise, in most areas of the country. This fact alone has led them to prominence as one of the top providers of Medigap insurance over the last 10 years.Not only are their rates competitive, but they have a robust independent agent network that makes their plans available to a large number of people in nearly all areas.
When the modernized Medicare supplement plans came out in 2010, Mutual of Omaha further strengthened their position as a price-leader, by offering the Medigap Plan N for a great rate with limited medical underwriting.
- Company stability/reliability – In addition to competitive pricing, Mutual of Omaha also has a great position as a reputable company that has been in business for 100+ years. The company is ‘A+’ rated by AM Best, and although company ratings aren’t everything, they are a great indicator of financial strength, reserves on hand, and continued ability to meet financial obligations to its policyholders.Also, because Mutual of Omaha has gained a position as one of the top 2-3 players in the Medicare Supplement marketplace, they have a large number of insureds, which spreads their “risk” over a very large pool. This, ostensibly, makes them less susceptible to rate increases over time.
Mutual of Omaha is the choice for Medicare Supplement insurance for so many people for a reason – it is a well-priced leader in the Medigap marketplace, as well as being a stable, well-respected company with a great track record. There are certainly many choices for Medicare Supplement insurance, but Mutual of Omaha Medigap plans are always one you should consider.