Mutual of Omaha Medicare Supplement Plan N

In this article...
  • Mutual of Omaha Medicare Supplement (Medigap) Plan N is a popular Medigap plan that covers many of your out-of-pocket Medicare costs like deductibles and copays. Learn more from this review to determine if Plan N might be the best fit for you and your Medicare coverage needs.

Mutual of Omaha sells a wide variety of insurance policies, including Medicare Supplement Insurance, also known as Medigap.

In this review, we detail what Mutual of Omaha Medicare Supplement Plan N covers, how much it can cost and how you can apply for Plan N if you decide it’s the right plan for you.

What Is Mutual of Omaha Medicare Supplement Plan N?

Medicare Supplement Plan N is one of the more popular Medigap plans sold by Mutual of Omaha. 

Plan N, like all other Medicare Supplement Insurance plans, provides coverage for many of the out-of-pocket costs that are required by Original Medicare (Medicare Part A and Medicare Part B). You’ll pay a monthly premium for Plan N in exchange for having your Medicare deductibles, copayments, coinsurance and other expenses covered by the plan. 

Mutual of Omaha Medicare Supplement Plan N allows for more predictable health care spending, easier budgeting and fewer surprise doctor bills. 

What Does Mutual of Omaha Plan N Cover?

There are nine different out-of-pocket expenses that may be covered by the standardized Medicare Supplement Insurance plans available in most states. Mutual of Omaha Medicare Plan N provides coverage of seven of them, placing it among the more comprehensive Medigap plans.

You can use the 2022 Medicare Supplement plans comparison chart below to compare Plan N to other Medigap plans.

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 N 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 requires daily coinsurance payments after the first 60 days of an inpatient stay per benefit period. These costs can reach as high as $778 per day in 2022, but they are covered in full by Mutual of Omaha Medigap Plan N. 

Medicare Part B Coinsurance or Copayments

Medicare Part B typically charges a 20% coinsurance payment for covered services and items after you meet your $233 annual Part B deductible. Plan N covers these coinsurance payments, with the exception of a $20 copayment for some doctor's office visits and up to $50 copayments for emergency room visits that do not result in an inpatient admission.  

First Three Pints of Blood

Original Medicare does not cover the first three pints of blood that are used for a blood transfusion. Medicare Supplement Plan N covers the full cost of these first three pints. 

Medicare Part A Hospice Care Coinsurance or Copayments

Medicare does not charge copayments for hospice care but can charge small copayments (less than $5) for prescription drugs and other products used for pain relief and symptom control, along with 5% coinsurance charges for respite care. These costs are covered in full by Plan N. 

Skilled Nursing Facility Care Coinsurance

Medicare charges daily copayments of $194.50 (in 2022) for days 21 through 100 of a skilled nursing facility stay per benefit period, and you're required to pay the full amount for stays that last beyond 100 days. Medigap Plan N from Mutual of Omaha covers the full cost of all skilled nursing facility copayments.  

Foreign Travel Emergency Care

Plan N covers 80% of the cost of emergency care received in a foreign country, which is the most allowed under any Medigap plan. 

What Does Mutual of Omaha Plan N Not Cover?

Mutual of Omaha Plan N does not cover the Medicare Part B annual deductible. The deductible amount is $233 in 2022.

No Medicare Supplement Insurance plans available to new Medicare beneficiaries cover the Part B deductible. Medigap Plan F and Plan C cover the Part B deductible, but those plans are only available to beneficiaries who first became eligible for Medicare before January 1, 2020. 

Plan N also does not cover any Medicare Part B excess charges. Excess charges can be incurred when visiting certain doctors or providers who don’t accept Medicare reimbursement as payment in full for their services. These providers can charge you up to 15% of the Medicare-approved amount.

You can avoid Part B excess charges by making sure you only visit doctors who accept Medicare assignment. Be sure to ask your doctor or provider exactly how Medicare will cover your services and how much it will cost before you get health care from them.

Are All Medicare Supplement Plan N Options the Same?

Yes and no.

Medicare Supplement Insurance coverage is standardized by the federal government. That means the coverage included in Plan N sold by Mutual of Omaha is the same as the coverage included in Plan N sold by any other company anywhere else in the U.S.

In that respect, Medigap Plan N options are similar. 

However, some companies include some additional perks with their Medigap plans that may not be found in Medigap plans sold by other carriers. For example, Mutual of Omaha has a senior fitness program called Mutually Well, and a Mutually Well membership may be included for free when you sign up for a Medigap plan. 

A Mutual of Omaha Medicare Supplement plan can also include an additional benefit rider that entitles you to valuable savings from third-party companies. For example, savings on vision care and eyeglasses may be available through the company’s partnership with EyeMed Vision Care and hearing benefit discounts can be available from Amplifon.   

In this respect, not all Medicare Supplement plan options are exactly the same. 

Which Medigap Plan Is Better: Pan G vs Plan N?

Medigap Plan G and Plan N have only two differences in their respective coverages. 

Plan G covers Medicare Part B excess charges whereas Plan N does not. Excess charges are easily avoided by making sure you only visit providers who accept Medicare assignment, meaning they cannot issue excess charges. 

The other difference is that Plan G provides full coverage of all Medicare Part B copayments, while Plan N allows members to be charged up to $20 for certain doctor’s office visits and up to $50 for emergency room visits that do not result in an inpatient admission. 

Plan G offers a little bit more coverage than Plan N, but the difference in benefits is negligible. If Plan G and Plan N are available for the same monthly premium, then Plan G may be the better option. But oftentimes the price difference between Plan G and Plan N may not quite justify the upgrade.  

Does Mutual of Omaha Medicare Supplement Cover Dental?

There are no Medicare Supplement Insurance plans that provide any coverage for dental services. However, Mutual of Omaha sells standalone dental insurance plans that may be added to your Medigap coverage.  

What Is the Highest Rated Medicare Supplement plan?

Medicare Supplement Insurance Plan F and Plan C are generally considered to be the highest-rated plans because of their comprehensive coverage. These are the only two plans to provide coverage for the Medicare Part B deductible, and Plan F is the only plan to offer coverage in all nine Medigap benefit categories. 

However, these plans are no longer available to new Medicare beneficiaries. Among plans that new Medicare beneficiaries are allowed to enroll in, Plan D, Plan G and Plan N are considered the highest rated. And Plan N often has lower premiums than Plan D and Plan G because of its mixed coverage of Part B copayments. 

As a company, Mutual of Omaha received 4.5 out of 5 stars from its beneficiaries according to customer reviews managed by a third-party company, and Consumer Affairs rates Mutual of Omaha 4.1 stars out of 5. Mutual of Omaha maintains an A+ rating from the Better Business Bureau and strong financial ratings from the leading credit agencies. 

How Do I Enroll in Mutual of Omaha Plan N?

Contact a licensed insurance agent for information about the Medicare Supplement Insurance plans available in your area, including Plan N and any other plans offered by Mutual of Omaha.

An agent will be able to answer any additional questions you may have about Medicare Supplement Insurance and help you apply for the plan of your choice, right over the phone. 

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