Rumor mill indicates Mutual of Omaha may pull Medicare supplement plan N off the market. It that happens, the rates for those plans will skyrocket.
Many Georgia seniors that bought the Mutual of Omaha plan N did so because of the liberal underwriting. Until a few months ago, Mutual of Omaha would accept almost anyone, regardless of health, on to plan N.
While they did get healthy people, they got more than their share of sick people.
Now that group will be locked in to the Mutual of Omaha plan forever . . . unless they change now.
We currently have a Medicare supplement plan carrier that is willing to accept Mutual of Omaha plan N participants without medical underwriting. This carrier has a much larger block of business in Georgia than does Mutual of Omaha, so they should be able to weather the storm of increasing claims.
If you have Mutual of Omaha Medicare supplement plan N, ask for a competitive quote. It may be worth your while to change now to a plan that may be more affordable going forward than the Mutual of Omaha Medigap plan.
Ask for a competitive Medigap quote and rate comparison.