Mutual of Omaha Medicare Supplement Plan G

If you’re shopping for Medicare Supplement insurance and looking for a plan that keeps things as simple, reliable, and comprehensive as possible, Plan G is where you want to be.

And when it comes to choosing a company to buy it from, Mutual of Omaha should be on your radar.

Here’s why: They’ve been offering Medigap plans since the beginning – literally since 1966, when Medicare Supplement insurance became a thing. They’re not just another carrier that jumped on the bandwagon.

They’ve been one of the most trusted names in the business for decades.

In 2025, we’re seeing premiums go up across the board. This isn’t just a Mutual of Omaha thing – it’s happening industry-wide.

So, finding the best value means looking beyond the name and digging into how a company stacks up in price, service, stability, and extras. That’s exactly what we’re going to do on this page.

I’ve worked with Mutual of Omaha for years. I’ve helped clients enroll in their Medigap plans, answered questions during claims hiccups, and followed their rate trends closely.

This article will explain everything you need to know about Mutual of Omaha Plan G offering – what’s covered, how much it costs, how it compares with Aetna and Cigna, and whether it’s the right choice.

Let’s start with an overview of Medigap Plan G.

Medigap Plan G: The Most Comprehensive Plan

If you’ve looked into Medicare Supplement (Medigap) insurance, you’ve probably heard that Plan G is the new Plan F – and for good reason. It’s the most comprehensive Medigap plan still available to new Medicare enrollees.

So, how does it work?

Let’s start with the basics. Original Medicare (Part A and Part B) leaves many holes in coverage – deductibles, copays, coinsurance, and no cap on out-of-pocket expenses. Plan G steps in to fill almost all of those gaps.

That means you’ll have predictable healthcare costs and fewer surprises at the doctor’s office or hospital.

Here’s exactly what Plan G covers:

• Medicare Part A Coinsurance and Hospital Costs: You’re covered for an additional 365 days of hospital care after Medicare’s benefits run out.
• Medicare Part A Deductible: In 2025, that deductible will be $1,676, and Plan G pays the whole tab.
• Medicare Part B Coinsurance or Copayments: You usually pay 20% of your outpatient medical costs with Medicare alone. Plan G covers that 20%, whether doctor visits, lab work, or outpatient surgeries.
• Medicare Part B Excess Charges: Some doctors charge more than what Medicare allows. Plan G protects you from that extra 15%.
• Skilled Nursing Facility Coinsurance: Plan G covers your coinsurance costs if you need short-term rehab in a skilled nursing facility after a hospital stay.
• Hospice Care Coinsurance or Copayment: Covered 100% under Plan G.
• First 3 Pints of Blood: Medicare doesn’t cover the first 3 pints yearly. Plan G does.
• Foreign Travel Emergency Coverage: You’ll get 80% coverage for emergency care while traveling outside the U.S., up to a $50,000 lifetime max.

What Plan G Doesn’t Cover

As good as it is, Plan G doesn’t cover everything. Here are the gaps you’ll still be responsible for:

• Medicare Part B Deductible: This is the one thing Plan G doesn’t cover. For 2025, it’s $257. After that’s paid, Plan G kicks in and takes care of the rest.
• Prescription Drug Coverage (Part D): Like all Medigap plans, Plan G doesn’t include drug coverage. You’ll need a separate Part D plan to cover prescriptions.
• Dental, Vision, and Hearing: Routine cleanings, eye exams, and hearing aids are not included. You’d need either a stand-alone policy or to use carrier-specific discount programs.
• Long-Term Care (Custodial Care): If you need assistance with daily activities for an extended period, Medigap does not cover that. You’d need separate long-term care insurance.

Plan G is the most comprehensive Medicare Supplement plan available to new enrollees. After you pay your small Part B deductible, you’re done.

No copays. No coinsurance. No billing surprises.

Plan G is the plan most of our clients choose when they want peace of mind and complete control over their healthcare.

Now that we’ve established that Medigap Plan G is the best option, let’s examine Mutual of Omaha’s offerings.

Why Choose Mutual of Omaha for Plan G?

When choosing a Medicare Supplement provider, you’re not just buying a plan – you’re putting your trust in the company that will handle your claims, support your questions, and help you navigate Medicare for years.

Mutual of Omaha has been doing exactly that for over a century. And when it comes to Medigap, they’re not new to the game – they helped define it.

Let’s review why we believe Mutual of Omaha is a great choice for a Medigap provider.

#1. Legacy and Reputation

Mutual of Omaha has been around since 1909, which is over 100 years of continuous operation in the insurance world.

More importantly for Medicare beneficiaries, they’ve been offering Medicare Supplement insurance since 1966, the very first year Medigap plans became available.

That kind of long-standing presence gives you something many newer carriers can’t: confidence that they’re not going anywhere.

You want a company that knows the Medicare landscape and has a history of doing right by its policyholders.

#2. Financial Strength

Not all insurance companies are created equal when it comes to stability. Mutual of Omaha has earned an A+ rating from A.M. Best, one of the top financial rating agencies in the country.

That tells you this company has the financial strength to meet its obligations – not just today, but well into the future.

When you’re relying on a Medigap policy to cover thousands of dollars in medical bills, that financial backing matters.

#3. Reliability and Trust

One thing that sets Mutual of Omaha apart is how efficiently it processes claims. It pays 98% of Medicare Supplement claims within 24 hours.

That means fewer headaches, fewer delays, and a better overall experience when dealing with medical bills.

Over the years, Mutual of Omaha has built a reputation for being transparent, easy to work with, and responsive.

You’ll appreciate that if you ever need to call with a question or if you need something fixed quickly.

#4. Simplicity and Freedom

With Mutual of Omaha’s Plan G, there are no network restrictions. You can go to any doctor or hospital in the U.S. that accepts Medicare. You don’t need referrals. You don’t need to worry about prior authorizations.

It’s simple: If Medicare covers it, Plan G picks up the rest, after the small Part B deductible is met. That kind of freedom is a big reason so many people choose Medigap over Medicare Advantage plans, and why Mutual of Omaha continues to be one of the top choices for Plan G year after year.

Next, we’ll examine Mutual of Omaha’s pricing for Plan G and how it compares to other major carriers.

How Much Does Mutual of Omaha Plan G Cost?

The monthly premium is one of the most important things to consider when choosing a Medigap plan. Since Plan G benefits are standardized across all companies, price and rate stability become major deciding factors.

Here are sample monthly premiums for Mutual of Omaha Plan G in 2025, based on a 65-year-old non-smoker:

2025 Sample Monthly Premiums – Mutual of Omaha Plan G

State	Monthly Premium
Texas	$195.95
Florida	$231.79
Georgia	$204.75
Ohio	$179.56
Pennsylvania	$201.59

Disclaimer: These sample premiums are for illustrative purposes only. Your actual rate may be higher or lower depending on age, gender, tobacco use, ZIP code, and whether you qualify for a household discount. For the most accurate pricing, always request a personalized quote.

What Affects Your Rate?

• Age: Most states use one of three pricing methods: attained-age (rates go up as you age), issue-age (locked in at time of enrollment), or community-rated (everyone pays the same regardless of age).
• Gender: Women usually pay less than men.
• Tobacco Use: If you’ve used tobacco in the past 12 months, expect a higher premium, often significantly higher.
• ZIP Code or Region: Urban areas with more competition may have lower rates. Rural ZIP codes tend to cost more.
• Household Discounts: Mutual of Omaha offers up to 12% household discounts, depending on your state. This applies when you and another adult in the household both enroll (or are already enrolled) in a Medigap plan.

What About Rate Stability?

Mutual of Omaha has a strong track record of controlling year-over-year premium increases.

On average, their annual rate increases fall between 6% and 10%, notably more stable than companies like Cigna or Humana, which tend to trend higher.

While Mutual of Omaha may not always be the cheapest on paper, the long-term value often outweighs slightly lower starting prices, especially when you factor in rate history, customer service, and speed of claims processing.

In the next section, we’ll explain how their household discounts work and how you can qualify.

Mutual of Omaha’s Household Discount Program

Mutual of Omaha offers one of the most generous household discount programs in the Medicare Supplement market – and it can make a real difference in your long-term premium costs.

The household discount varies by state, but here’s the breakdown:

• 12% in most states
• 10% in North Dakota
• 7% in select other states with more restrictive rules

This discount is applied to your monthly premium and is available as long as you meet the eligibility criteria.

To be eligible for the discount, you typically must meet one of the following:

• Live with a spouse, civil union partner, or domestic partner, or
• In some states, live with another adult aged 60 or older for at least the past 12 months

Additionally, both individuals must enroll in or apply for a Mutual of Omaha Medicare Supplement plan under the same insurance company name. (Mutual of Omaha operates under multiple underwriting companies, like United of Omaha or Omaha Insurance Company – your agent can guide you through that.)

Why This Discount Matters

This isn’t just a short-term incentive – it’s a meaningful way to reduce your premium year after year. The savings can easily add up to hundreds of dollars annually for couples or even roommates who qualify.

When you combine this discount with Mutual of Omaha’s already competitive Plan G pricing and solid rate history, it’s easy to see why many couples choose the same carrier.

In the next section, we’ll explore some added perks Mutual of Omaha offers that go beyond the standard Medigap benefits.

Mutual of Omaha’s Extra Perks

While Plan G’s core medical benefits are standardized across all insurance companies, Mutual of Omaha goes a step further by offering extra perks that can add real value, especially if you’re proactive about your health and wellness.

These extras aren’t insurance – they’re optional programs and discount arrangements – but they’re available to Medicare Supplement members at no extra charge or for a very low monthly fee.

#1. Mutually Well Program

This is Mutual of Omaha’s flagship wellness platform, and it’s a strong offering for anyone looking to stay active and maintain a healthy lifestyle.

• Low monthly cost: $29.99/month (no enrollment fees, cancel anytime)
• Gym access: Use over 10,000 participating fitness centers across the country
• Wellness services: Discounts on alternative therapies like chiropractic care, massage therapy, and acupuncture
• Personalized plans: Get access to online tools for fitness goals, meal planning, and wellness tracking

Whether you’re an avid gym-goer or want to explore holistic health options, this program adds flexibility and value.

#2. Vision Discounts via EyeMed

Mutual of Omaha partners with EyeMed to help you save on vision expenses. While Medigap doesn’t include routine vision coverage, this discount program can help offset some of the cost of staying on top of your eye health.

Here’s what’s included:

• Reduced rates on eye exams
• Discounts on prescription glasses and contact lenses
• Savings on frames and lenses from major national retailers

This can be especially helpful if you wear glasses or contacts and don’t want to purchase a separate vision plan.

#3. Hearing Discounts via Amplifon

Through a partnership with Amplifon, Mutual of Omaha members can also take advantage of hearing-related savings, including:

• Free or reduced-cost hearing exams
• Discounts on hearing aids from top-tier brands
• Personalized fitting services and ongoing support

For many seniors, hearing care is a growing priority. Since Original Medicare doesn’t cover hearing aids, this is a solid value-add if hearing loss is something you’re considering now or in the future.

Bottom Line

These perks don’t replace core coverage but can save money and improve your quality of life. For policyholders who like having access to fitness options, holistic care, and discounts on routine services, Mutual of Omaha’s benefits package adds another layer of value to an already strong Plan G offering.

Mutual of Omaha vs. Other Carriers

When comparing Medicare Supplement Plan G options, it’s important to remember that the benefits are identical across every company.

What really matters is how much you’re paying, how often your rate goes up, and how well the company handles claims and customer service.

Now that we’ve covered what Mutual of Omaha Plan G offers, let’s see how it stacks up against a few of its biggest competitors: Aetna and Cigna. Since Plan G benefits are standardized, price and rate stability become the real differentiators.

Below is a 2025 sample comparison of monthly premiums for a 65-year-old non-smoker across four key states:

2025 Plan G Premium Comparison

State	Mutual of Omaha	Aetna	Cigna
Texas	$195.95	$220.25	$154.87
Florida	$231.79	$264.31	$190.13
Georgia	$204.75	$202.59	$173.43
Pennsylvania	$201.59	$192.84	$175.91

Disclaimer: These sample rates are for illustration purposes only. Your actual premium will vary based on your age, ZIP code, gender, tobacco use, and eligibility for discounts.

Premium Analysis

Mutual of Omaha often lands in the middle of the pack regarding pricing. In some states, like Texas, it’s lower than Aetna but higher than Cigna. In others, like Florida and Georgia, it comes close to Aetna’s price point but may cost more than Cigna.

But price alone doesn’t tell the whole story. Mutual of Omaha is known for its strong rate stability, with annual increases typically ranging from 6% to 10%. At the same time, carriers like Cigna and Aetna have a history of steeper jumps depending on the state and block of business.

On top of that, Mutual of Omaha pays out 98% of claims within 24 hours – one of the industry’s fastest turnaround times. That speed and reliability matter when you’re dealing with doctor bills and don’t want to get caught in the paperwork shuffle.

Our Thoughts

If your main goal is to get the absolute lowest premium, Cigna may beat Mutual of Omaha in several states.

But suppose you’re looking for a carrier that balances competitive pricing. In that case, dependable rate increases and excellent service, Mutual of Omaha remains a solid all-around choice for Plan G in 2025.

What About Plan F and Plan N?

When comparing Medicare Supplement plans, Plan G often comes out on top – but it’s not the only option available. Two common alternatives are Plan F and Plan N.

Here’s how they compare and why Plan G remains the preferred choice for many new Medicare enrollees.

Plan G vs. Plan F

Plan F has long been known as the most comprehensive Medigap plan on the market. It covers everything Medicare Part A and Part B don’t – including the Part B deductible.

But here’s the catch: Plan F is only available to people who became eligible for Medicare before January 1, 2020. If you’re new to Medicare, Plan F is off the table.

That leaves Plan G as the next-best option – nearly identical in coverage. The only thing Plan G doesn’t cover is the small Part B deductible, which is $257 in 2025. After that’s paid, Plan G covers 100% of the rest.

In most cases, Plan G costs less than Plan F, even when you factor in that deductible, making it a better overall value for new and long-time Medicare beneficiaries.

Plan G vs. Plan N

Plan N is another Medigap option gaining attention because of its lower premiums and similar coverage to Plan G. However, that lower price comes with some trade-offs.

Here are the costs you’ll be responsible for with Plan N:

• $20 copays for most doctor visits
• $50 copays for emergency room visits (if not admitted)
• No coverage for Part B excess charges, which can mean higher out-of-pocket costs if your doctor doesn’t accept Medicare’s payment limits

Plan N can work well for healthy individuals who don’t visit the doctor often and are comfortable with some cost-sharing.

However, for many people, especially those who want predictability, Plan G is the safer bet.

Why Plan G Is Better Than Medicare Advantage

There’s no denying that Medicare Advantage plans have recently become heavily promoted.

You see the commercials. You get the flyers in the mail. And at first glance, they seem appealing – many advertise $0 premiums, free dental, vision, hearing aids, gym memberships, and more.

But here’s the part that doesn’t always get talked about: Medicare Advantage comes with trade-offs, and those trade-offs aren’t worth it for a growing number of people.

If you’re considering between Medicare Advantage and Plan G, it’s important to understand why so many people either avoid Advantage plans altogether or switch back to a Medigap plan like Plan G once they experience the limitations.

Let’s walk through the key differences.

#1. No Networks. No Referrals. No Games.

With Plan G, you can see any doctor, specialist, or hospital in the country if they accept Medicare. That’s it. No need to check if they’re in-network. No hunting for primary care referrals. No longer wondering whether a treatment will be approved.

Medicare Advantage, on the other hand, typically uses HMO or PPO networks, which limit your access to providers. If your doctor leaves the network – or worse, your entire plan changes next year – you could scramble to find new care.

This lack of control can be especially problematic if you travel, move between states seasonally, or need access to a specific specialist or facility.

With Plan G, there are no boundaries. If you want to go to the Mayo Clinic or the Cleveland Clinic, you can.

#2. Fewer Prior Authorizations and Fewer Surprises

One of the biggest frustrations Medicare Advantage members face is prior authorizations. Even when a service is Medicare-approved, Advantage plans often require additional approval from the insurance company before care can proceed.

That extra layer of red tape delays treatment and creates uncertainty, especially regarding more complex procedures or hospitalizations.

Plan G doesn’t do that. If Medicare approves the service, it’s covered. Simple as that.

#3. Stability and Predictability

With a Medicare Supplement like Plan G, your benefits never change. The plan is guaranteed renewable for life, and once you’re in, you don’t have to worry about your plan shifting underneath you from year to year.

Medicare Advantage plans, on the other hand, change annually. Networks can shrink. Copays can increase. Benefits you relied on last year might not be available this year.

That unpredictability makes long-term planning harder, especially for those managing ongoing health issues.

What About Out-of-Pocket Costs?

Plan G doesn’t have a formal out-of-pocket maximum like Medicare Advantage does – but here’s the reality: after you pay the annual Part B deductible ($257 in 2025), you’re done.

No copays. No coinsurance. No surprise charges.

Medicare Advantage plans, by contrast, can have annual out-of-pocket maximums as high as $9,350 in 2025. That’s a big difference – and a risk that can sneak up on you fast if you need extended care or get hit with an unexpected diagnosis.

Travel-Friendly, Even Abroad

If you travel often or split time between states, Plan G offers the kind of freedom Medicare Advantage can’t match. Whether you’re in Arizona in the winter or back in New York for the summer, your Plan G coverage doesn’t change.

Even internationally, Plan G includes emergency foreign travel coverage. Most Medicare Advantage plans do not.

Our Thoughts

Medicare Advantage plans might sound attractive upfront, but once you dig into the details, many beneficiaries would rather have the simplicity, reliability, and freedom that comes with Medicare Supplement Plan G.

Yes, you’ll pay a monthly premium. But in exchange, you get a plan that works year after year, doctor after doctor, with far fewer headaches and far more peace of mind.

Plan G is a great choice if you’re looking for zero copays, no surprise bills, and nationwide coverage without worrying about network restrictions. It’s perfect for regular doctor visits or ongoing care, keeping things simple by covering everything Medicare approves after a small yearly deductible.

Next, we’ll walk you through the enrollment process and how to start with Mutual of Omaha Plan G.

How to Apply for Mutual of Omaha Plan G

If you’ve decided that Mutual of Omaha’s Plan G is the right fit, the good news is that enrolling is simple, and we’re here to help you every step of the way.

Unlike Medicare Advantage plans, which often come with enrollment windows and complex rules, applying for a Medicare Supplement like Plan G is a much more flexible (and stress-free) process. That said, there’s still a best time to apply – and a few key things to know before you start.

You must enroll in Medicare Part A and Part B to qualify for any Medicare Supplement plan. You can’t purchase a Medigap plan if you only have Part A or Part B. You must have both active and in place.

The ideal time to enroll is during your Medigap Open Enrollment Period. This six-month window starts the month your Part B becomes effective, usually the month you turn 65 and activate Part B.

During this period:

• You cannot be denied coverage due to health conditions
• No medical underwriting or health questions are required
• You get the best possible rates, with no risk of being declined or charged more due to pre-existing conditions

If you apply outside this window, you can still enroll, but you may be subject to medical underwriting. This means the company can ask health questions, review your medical history, and decide whether or not to approve your application.

How to Enroll

Enrolling in Mutual of Omaha Plan G can be done in just a few easy steps:

• Get a personalized quote: We’ll review your age, zip code, gender, tobacco status, and household eligibility to get you the most accurate rate possible.
• Compare household discounts and state-specific rules: Mutual of Omaha offers up to 12% in household discounts, but eligibility and discount levels vary by state.
• Submit your application: You can do this online, over the phone, or with a licensed agent who will walk you through the entire process. There is no pressure or rush – just straightforward guidance.

What You’ll Need to Apply

Make sure you have the following details on hand to complete your application:

• Your Medicare claim number (found on your red, white, and blue Medicare card)
• Your Part A and Part B effective dates
• Basic personal information like your date of birth, address, and phone number

Once your application is submitted, Mutual of Omaha typically processes it quickly. In most cases, you’ll receive your ID card and policy details within 7 to 10 business days.

Ready to get started? We can help you compare quotes, review your options, and answer last-minute questions.

Frequently Asked Questions (FAQs)