Mutual of Omaha Medicare Supplement Plan N
- Texas Medicare Supplements with the United of Omaha Plan N received a 40% rate increase in the month of October.
- Mississippi Medicare Supplements with United of Omaha Plan N received a high rate increase last year.
- Louisiana Medicare Supplements with United of Omaha Plan N will receive a 10% rate increase, which is not actually that high.
The reason the rate increases on their Plan N policies are going up so much in comparison with other companies is that they asked no health questions on their applications for about 9 months and everyone who was stuck in their current plans due to health questions moved to Mutual of Omaha's Plan N policy. Which means everyone with cancer, heart conditions or other chronic conditions moved to the Plan N because it was a much cheaper rate.
Mutual of Omaha Medicare Supplements are great products and I can not think of a company that provides better service but they do have some of the larger rate increases in the senior market today. There is a Benefits Association Group Retiree Medical Plan that is guaranteed issue and available for seniors in 48 states. If your premiums have reached a point that you can no longer afford them I highly recommend you contact Medicare Insurance Finders to find out more about this plan and how to lower your insurance rates.
Mutual of Omaha Medicare Supplement Plans are good plans and this article is not intended to bash them, this article was posted to inform seniors of their options with Medicare Insurance Finders through the Benefits Association Medical Plan.