Mutual of Omaha Medicare Supplement Plan G

In this article...
  • Mutual of Omaha offers Medicare Supplement Insurance (Medigap) Plan G in many parts of the country. If you became eligible for Medicare after Jan. 1, 2020, Plan G offers more benefits than any other Medigap plan available to you. Learn more to see if this plan may be right for your Medicare coverage.

Mutual of Omaha is among the largest providers of Medicare Supplement Insurance, which is also called Medigap. And one of the most popular Medicare Supplement plans available in 2022 is Plan G, which is among the Medigap plans sold by Mutual of Omaha

In this review, we explain Medigap Plan G, what it covers, how much it may cost and how you may be able to find out if Mutual of Omaha or one of its affiliate companies offer a Plan G option where you live.

What Is Mutual of Omaha Medicare Supplement Plan G?

Medicare Supplement Plan G covers a range of Medicare out-of-pocket costs such as deductibles, copayments and coinsurance.

In exchange for a monthly premium, Plan G members receive coverage for these costs and benefit from more predictable health care spending and fewer unexpected or surprise medical bills. 

What Does Mutual of Omaha Plan G Cover?

Mutual of Omaha’s Plan G covers all but one of the benefit categories a standardized Medicare Supplement Insurance plan can offer.

The Medicare Supplement plan comparison chart below details the Medicare costs covered by each type of standardized Medigap plan, including Plan G.

Medicare Supplement Insurance Plans 2022
Medicare Supplement Benefits A B C1 D F1 G K L M N
Part A coinsurance and hospital costs
Part B coinsurance or copayment 50% 75%
First 3 pints of blood 50% 75%
Part A hospice care co-insurance or co-payment 50% 75%
Co-insurance for skilled nursing facility     50% 75%
Medicare Part A deductible   50% 75% 50%
Medicare Part B deductible                
Medicare Part B excess charges                
Foreign travel emergency     80% 80% 80% 80%     80% 80%
1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,490 in 2022. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,620 in 2022. Plan L has an out-of-pocket yearly limit of $3,310 in 2022.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.

Medicare Part A Deductible

Medicare Part A includes a deductible that you have to pay if you’re admitted as an inpatient for care at a hospital, skilled nursing facility, mental health facility or other licensed Medicare facility.

The Part A deductible operates on a benefit period basis, which means that even if you satisfy the Part A deductible in one benefit period, you may still have to pay it again if you experience another benefit period in the same year.

The Part A deductible is $1,556 in 2022. Medigap Plan G from Mutual of Omaha will cover the full cost of this deductible, no matter how many benefit periods you experience in a single year. This can potentially save you a lot of money if you’re hospitalized even just once in a year, much less if you’re hospitalized several times.

Medicare Part A Coinsurance

Medicare Part A coinsurance for inpatient care can reach as high as $778 per day in 2022. Part A coinsurance is covered in full by Medicare Supplement Insurance Plan G.

Medicare Part B Coinsurance or Copayments

Medicare Part B covers most of your other medical care, such as doctor’s appointments, physical therapy, specialist visits and more.

When you receive care covered by Part B, you must pay a deductible of $233 for the year (in 2022) before your Part B benefits kick in. Once you reach your deductible, you typically must pay a coinsurance of 20% of the Medicare-approved amount for covered care.

Medigap Plan G covers your Part B coinsurance costs in full. This could potentially help you save a lot of money on most of your Medicare-covered care throughout the year, especially on more costly services such as certain diagnostic scans, test, cancer treatments and more.

First Three Pints of Blood

If you need a blood transfusion, Original Medicare doesn’t cover the first three pints of blood, and coverage only begins starting with the fourth pint.

Medicare Supplement Plan G from Mutual of Omaha or any other provider will pay for the cost of the first three pints of blood. 

Medicare Part A Hospice Care Coinsurance or Copayments

Medicare hospice care coverage requires small copayments for prescription drugs and products used for symptom control and pain relief, and a 5% coinsurance charge for respite care. These copayments and coinsurance are both covered by Mutual of Omaha Medicare Supplement Plan G. 

Skilled Nursing Facility Care Coinsurance

A Medicare-covered skilled nursing facility stay of more than 20 days in the same benefit period requires a daily copayment of $194.50 in 2022. Plan G covers the full cost of these daily copayments.     

Medicare Part B Excess Charges

Certain Medicare providers are allowed to charge up to 15% more than the Medicare-approved amount for their services or items in what is known as an “excess charge.” Medicare Supplement Plan G covers any excess charges in full. 

Foreign Travel Emergency Care

Plan G covers 80% of the cost of emergency care administered outside the U.S. That is the highest amount of coverage available for any Medicare Supplement Insurance plan. 

What Does Mutual of Omaha Plan G Not Cover?

The only Medigap benefit area not covered by Plan G is the Medicare Part B deductible. The Part B deductible is $233 per year in 2022. 

Only two Medigap plans provide coverage for the Part B deductible: Plan C and Plan F. Neither plan is available to incoming Medicare beneficiaries. Only those who were eligible for Medicare prior to January 1, 2020, may apply for Medicare Supplement Plan F or Plan C. 

What Is the Deductible for High-Deductible Mutual of Omaha Plan G?

Medigap Plan G also has a high-deductible version of the plan available in some areas.

With high-deductible Plan G, your Plan G coverage kicks in once you reach a deductible of $2,490 (in 2022). Once you have spent $2,490 out of pocket on covered care, Plan G then begins its coverage. 

The tradeoff for having the deductible is often paying a lower monthly premium.  

How Much Does Medicare Supplement Plan G Cost?

The cost of a Medicare Supplement Insurance plan can vary by plan, location, carrier and more.

The table below shows some quotes for Mutual of Omaha Plan G and high-deductible Plan G in different cities using the Mutual of Omaha online quote tool. (Quotes are based on a 65-year-old male.)

Please note: These example rates are given only as an illustration and do not reflect the cost of Medicare Supplement Plan G in your ZIP code. Plan availability and cost may vary, so be sure to compare the plan options available where you live.

City Plan G monthly premium High-deductible Plan G monthly premium
Los Angeles, CA $142.42 $55.23
Phoenix, AZ $130.20 $48.57
Chicago, IL $115.65 $45.30
Cleveland, OH $122.94 $47.94
Atlanta, GA $131.78 $53.48

Does Mutual of Omaha Medicare Supplement Cover Dental?

No, Medicare Supplement Insurance plans don’t cover dental care. However, Mutual of Omaha sells standalone dental insurance plans and dental savings plans that you may be able to purchase in addition to your Medigap plan. 

Are All Medicare Supplement Plan G Options the Same?

All Medicare Supplement Plan G policies are the same in the sense that the benefits are standardized by the federal government. That means every Plan G provides the same coverage detailed above no matter where it is sold or what insurance company sells the plan.

However, insurance companies may throw in some additional perks to those who enroll in a Medigap plan.

For instance, some of the extra benefits that can come along with a Mutual of Omaha Medicare Supplement membership may include:

  • Access to discounts on vision care through EyeMed and hearing services through Amplifon.
  • A free membership to Mutually Well, the Mutual of Omaha senior fitness and wellness program that is similar to SilverSneakers. 

How Do I Enroll in Mutual of Omaha Plan G?

You can learn more about applying for Mutual of Omaha Plan G by comparing plans online or by speaking with a licensed insurance agent over the phone. They can help you compare the plans that are available where you live and, if you’re eligible, help you apply for the best plan for your needs and budget.

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