Mutual of Omaha
Some Facts about Mutual of Omaha:
- Mutual of Omaha has a national reputation, built through decades of providing quality products and excellent service to meet the financial needs of millions of customers.
- Mutual of Omaha is licensed in all 50 states and the District of Columbia.
- Mutual of Omaha is a full-service, multi-line organization providing insurance and financial products for individuals, businesses and groups throughout the United States.
Who needs a Medicare Supplement Insurance policy?
Original Medicare pays for many health care services and supplies, but it doesn’t pay all of your health care costs. You must pay these expenses, which are often deductibles, coinsurance and co-payments.
For a monthly premium, a Medicare supplement insurance policy helps you pay all or some of these costs, depending on the policy you choose.
A Medicare supplement insures people on Medicare who want:
- Help paying for some health care cost.
- To keep their own doctors and hospitals and choose their specialists and other health care providers.
- To budget for the premium and not worry about high out-of-pocket expenses.
- First-dollar coverage - don’t have to pay deductibles or co-payments every time they see a doctor.
- Their benefits to increase along with Medicare’s deductibles and co-payments.
- To be covered everywhere in the U.S.
- Their providers to file the claims so they don’t have to hassle with paperwork.
Guarantee renewable insurance so they can keep their policy as long as they pay their premiums on time.
Mutual of Omaha’s Medicare Supplement Insurance Policies
There are 12 federally standardized Medicare supplement insurance plans (Plans A-L)
Insurance companies must offer Plan A and may offer any other plans. There is a plan to suite your budget and needs.
Benefits
Most Medicare supplement insurance policies pay these basic benefits:
- Medicare Part A hospital deductible ($1,024 in 2008), coinsurance plus coverage for 365 additional days after Medicare benefits end
- First three pints of blood each year.
Additional benefits, depending on the plan you choose, pay you for:
- Medicare Part B deductible ($135 in 2008)
- Medicare Part B excess charges
- At-home recovery visits
- Foreign travel emergency care
How to Select the Right Plan for You
As we age, our health care expenses generally increase and we see the doctor more frequently. Ask yourself whether you could budget for any of these Medicare Part B costs and choose a Medicare supplement insurance policy according to your needs.
There is only three things to remember when choosing a Medicare supplement:
- Select a financially strong company
- Select the plan that suits your needs
- Select the company with the best value (price).
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