Mutual of Omaha Medicare Supplement Plans, Illinois
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| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A+ |
| A.M. Best Outlook: | Stable |
| S&P Rating: | A+ |
| Established: | 1966 |
| NAIC Number: | 71412 |
| Policy Fee: | None |
Which Supplemental Medicare Plans Does Mutual of Omaha Offer in Illinois?
Mutual of Omaha Insurance Company offers 5 of the standardized Medigap policies in Illinois. Each Medigap plan offers a different range of coverage (see comparison chart or check out our review). Here's a quick look at Mutual of Omaha's offering:
Attained Age Rated Medigap Plans: With this plan rating type your monthly premium is based on your current age. As you age your premium will increase. As an example, if you enroll in a Medigap policy at age 65 with a premium of $120, it may increase to $138 when you turn 69, and $162 at age 72. Also, Attained Age rated plans may increase with inflation.
Call 1-855-728-0510 (TTY 711) for plan assistance.
If you qualify for Medicare and don't know where to start, MedicareEnrollment.com, an independent HealthCompare insurance broker, has licensed agents who can help you with your Medicare enrollment options.
Mutual of Omaha Medigap Plan Benefits Comparison Chart
The following table shows what each Mutual of Omaha Medigap plan covers:
REVIEW: Mutual of Omaha Medicare Supplements in Illinois
Mutual of Omaha scored 4.0 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Mutual of Omaha has been servicing Medicare Supplements for over 10 years and has a good financial rating from A.M. Best. This is a good carrier, but there are other good Medigap carriers with lower rates in Illinois. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Superior financial strength.
- Over 25 years in the Medicare Supplements business.
- No charge for writing the policy.
Cons
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
About This Review
We reviewed Mutual of Omaha's Medicare supplement plan offering in Illinois versus all other insurance carriers in the state. Our review is unbiased. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. We do not take into account rate increase history. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Mutual of Omaha Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Illinois. The following table shows how Mutual of Omaha stacks up with the competition.
Contact Mutual of Omaha Medigap Sales
For more information about this Medicare Supplement carrier, and other plans on this site, call 1-855-728-0510 (TTY 711). You may also start your Medicare Supplement enrollment online. You can contact the plan directly at:
For assistance 24 hours a day, call 800-633-4227. TTY users should call 877-486-2048 or visit www.medicare.gov. If you qualify for Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website.
Eligibility
Mutual of Omaha Medigap plans are available to all Illinois Medicare beneficiaries, ages 65 and older, who have enrolled in Medicare Part A and Medicare Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Mutual of Omaha. Plus, your policy cannot be canceled and it will continue to be renewed as long as you pay the premiums on time and make no material misrepresentations.
Before choosing a Medicare Supplement carrier, be sure to get the Mutual of Omaha Medigap rate increase history in Illinois. The lowest rate now may not be the lowest rate in the future.
Availability
Mutual of Omaha services Medicare supplement insurance in Chicago, Naperville, Elgin, Aurora, Rockford, Joliet, Springfield, Peoria, Waukegan, Cicero, and most other Illinois cities.
Related Medicare Supplement Insurance Topics
- Do I really Need Supplemental Insurance with Medicare??
- Is Medicare Plan G Better Than Plan F?
- What is the Average Cost of Supplemental Insurance for Seniors?
On this page our goal is to help consumers: Compare Mutual of Omaha Medigap plans in Illinois with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?