Aetna vs. Mutual of Omaha Medicare
Aetna and Mutual of Omaha are two of the most popular Medicare providers in the United States.
They both offer great plan options, but let’s dive into the details and see their pros and cons in this review.
In a nutshell:
- Aetna provides a broader range of plan options, including Medigap, Medicare Advantage, and prescription drug plans.
- Mutual of Omaha offers fewer plan options but typically at more affordable premiums.
Aetna vs. Mutual of Omaha: Company Highlights
Aetna provides seven Medigap plans that are guaranteed renewable. These plans include popular options such as Plan G (monthly premiums range from $120 to $250) and Plan N ($81 to $140 monthly). Aetna offers standalone prescription, dental, and vision policies and up to 7% household discounts.
Additionally, Aetna provides some Medicare Advantage plans with a SilverSneakers fitness membership.
Aetna is available nationwide, except for their Medigap plans, which are not offered in these states:
- Alaska
- Connecticut
- Hawaii
- Maine
- Massachusetts
- New York
- Washington
- Washington, D.C.
Our 2024 Aetna Medicare Supplement Review
Mutual of Omaha offers five guaranteed renewable Medigap policies in all states except Massachusetts. They also offer standalone prescription drug plans and access to a fitness membership called Mutually Well. While Mutual of Omaha doesn’t offer Medicare Advantage plans, their Medigap plan premiums are, on average, 5-6% lower than Aetna’s.
Our 2024 Mutual of Omaha Medicare Supplement Review
Aetna vs. Mutual of Omaha: Plan Availability
Aetna and Mutual of Omaha offer Medicare Supplement plans, helping control out-of-pocket expenses for Original Medicare Part A and Part B services.
There are ten standardized Medigap plans, with Plan G being the most popular. Neither company sells Plans C, K, L, or M.
Aetna and Mutual of Omaha both offer prescription drug plans. SilverScript Choice and SilverScript Plus are Aetna’s options, while Mutual of Omaha has Rx Value and Rx Plus.
Aetna’s SilverScript Plus has slightly lower copays for Tier 2 drugs than Mutual of Omaha Rx Plus.
Aetna also offers Medicare Advantage plans, including HMO, PPO, and dual SNPs, with perks like SilverSneakers and a 24/7 hotline. Mutual of Omaha no longer offers Medicare Advantage plans.
Aetna vs. Mutual of Omaha: Medigap Costs
We have compared the premium costs of the most popular Medigap plans from Aetna and Mutual of Omaha in various states for your review:
| Medigap Plan | Mutual of Omaha | Aetna |
|---|---|---|
| G | $130.99 | $169.68 |
| F | $183.85 | $215.25 |
| N | $99.46 | $116.54 |
| A | $134.49 | $146.77 |
| These sample quotes are for a 65-year-old male non-smoker in Texas zip code 78665, without any household discounts. | ||
| Medigap Plan | Mutual of Omaha | Aetna |
|---|---|---|
| G | $272.36 | $315.46 |
| F | $343.06 | $351.36 |
| N | $198.60 | $218.08 |
| A | $250.57 | $247.90 |
| These sample quotes are for a 65-year-old female non-smoker in Florida zip code 33311, without any household discounts. | ||
| Medigap Plan | Mutual of Omaha | Aetna |
|---|---|---|
| G | $180.89 | $165.52 |
| F | $263.12 | $193.67 |
| N | $113.20 | $118.65 |
| A | $143.73 | $139.61 |
| These sample quotes are for a 68-year-old male non-smoker in Georgia zip code 30090, without any household discounts. | ||
| Medigap Plan | Mutual of Omaha | Aetna |
|---|---|---|
| G | $146.94 | $144.28 |
| F | $178.43 | $185.18 |
| N | $99.99 | $98.54 |
| A | $130.09 | $129.45 |
| These sample quotes are for a 68-year-old female non-smoker in Pennsylvania zip code 15005, without any household discounts. | ||
Based on the above research, we’ve found:
Aetna’s Medigap premiums are:
- 8.3% lower in Georgia
- 1.7% lower in Pennsylvania
Aetna vs. Mutual of Omaha: Ratings
The Centers for Medicare and Medicaid issue star ratings annually for insurance providers offering Medicare Advantage and prescription drug plans.
The ratings evaluate insurance providers across various aspects, including customer service, management of chronic conditions, handling of subscriber complaints, drug safety, accuracy of drug prices, and member well-being.
Aetna’s Medicare Advantage plans, including prescription drug coverage, received a 4.29 out of 5-star rating in 2022.
Mutual of Omaha’s Part D prescription drug plan received a 3.5 out of 5-star rating.
Bottom Line
Aetna and Mutual of Omaha have been in the insurance industry for over 100 years, providing quality coverage and service to their members. Choosing between the two is a choice that depends heavily on your specific healthcare requirements and preferences.
Aetna stands out for its vast network and flexible plan options, offering members a wide range of providers and the added benefits of their Medicare Advantage plans.
Meanwhile, Mutual of Omaha shines in its customer service and low premium costs.
We’ve got a team of professional agents who can assist you in comparing various health plans, prices, and policies. We’ll ensure you’re well-informed so you end up with a plan that suits your needs perfectly.
Sources: Aetna | Mutual of Omaha | How to Enroll
FAQs
What are the perks of Aetna?
Aetna Medicare offers a vast network of providers, hospitals, and specialists alongside prescription drug coverage under its Medicare Advantage plans. They also provide additional benefits like dental, vision, and hearing coverage.
What are the perks of Mutual of Omaha?
Mutual of Omaha is known for its excellent customer service and comprehensive Medicare Supplement insurance plans. These plans cover expenses not included in Original Medicare.
Do Aetna and Mutual of Omaha offer the same plan options?
No, Aetna offers Medicare Advantage, Part D, and Medigap plans. Mutual of Omaha provides Medigap plans and standalone Part D prescription drug plans.
