Mutual of Omaha Medicare Supplement Plan N
If you’re new to Medicare or currently enrolled in a Medicare Supplement plan that’s feeling a bit too expensive, Mutual of Omaha’s Medicare Supplement Plan N deserves a close look.
Plan N is one of the most cost-effective Medigap plans available today. It covers nearly all of the gaps left by Original Medicare and has a much lower monthly premium than Plan G.
Mutual of Omaha’s Plan N is best for:
- New Medicare enrollees who are researching their Supplement options
- Current Plan G or Medicare Advantage members who are looking to reduce their monthly costs
- Anyone who wants provider network freedom and predictable coverage
While there might be a few out-of-pocket costs, like a small copay at the doctor or ER, it’s a smart tradeoff for many people looking to save without sacrificing quality coverage.
When you pair Plan N with a carrier like Mutual of Omaha, you’re combining a trusted name in Medicare with over a century of financial stability and customer service. Mutual of Omaha has been serving seniors for decades and remains one of the most consistent and recognizable brands in the Medigap marketplace.
Let’s start by reviewing what Plan N is and what’s covered.
What Is Medicare Supplement Plan N?
Medicare Supplement Plan N – also known as Medigap Plan N – is one of ten standardized Medigap plans designed to fill in the gaps left by Original Medicare (Parts A and B). These gaps include out-of-pocket costs like deductibles, coinsurance, and copays.
Because the federal government standardizes these plans, Plan N offers the same basic benefits no matter which company you purchase it from.
That said, your monthly premium, available discounts, and rate stability will vary by insurer, and that’s where a trusted name like Mutual of Omaha can make all the difference.
What Plan N Covers
Plan N provides broad coverage for most medical expenses that Medicare doesn’t pay in full.
Here’s what it includes:
- Medicare Part A hospital coinsurance and costs (up to an additional 365 days after Medicare benefits are used)
- Medicare Part A deductible
- Skilled nursing facility coinsurance
- Medicare Part B coinsurance (you’ll only pay a copay of up to $20 for most office visits and up to $50 for ER visits that don’t result in admission)
- Foreign travel emergency coverage (up to plan limits – great for snowbirds and travelers)
These benefits make Plan N an excellent middle-ground option – more affordable than Plan G, but with stronger coverage than the budget-oriented Plan A or high-deductible plans.
What Plan N Does Not Cover
There are a few minor trade-offs with Plan N, which help keep its premium lower:
#1. Medicare Part B deductible: In 2025, this is $257. You’ll pay this amount out of pocket before Plan N begins covering Part B services.
#2. Medicare Part B excess charges: If your doctor doesn’t accept Medicare assignment, they can charge up to 15% more than Medicare’s approved rate, and Plan N won’t cover that.
#3. Office and ER visit copays: Up to $20 for most office visits and up to $50 for ER visits (if you’re not admitted). These are capped and predictable.
These exclusions are minor for most people, and for those who don’t see doctors frequently or only use providers who accept Medicare assignment, Plan N is a practical, cost-saving choice.
Plan N Coverage Snapshot
| Benefit | Plan N Covers? |
|---|---|
| Part A hospital coinsurance | Yes |
| Part A deductible | Yes |
| Skilled nursing facility coinsurance | Yes |
| Part B coinsurance (after deductible) | Yes |
| Foreign travel emergency | Yes |
| Part B deductible | No |
| Part B excess charges | No |
| Office visit copays (up to $20) | Not fully |
| ER visit copays (up to $50, unless admitted) | Not fully |
Now that we’ve looked at what’s covered by standardized Plan N, let’s take a closer look at what makes Mutual of Omaha stand out.
Why Choose Mutual of Omaha?
Once you decide that Plan N makes sense for your needs and budget, the next step is choosing the right insurance company. Mutual of Omaha stands out as one of the most trusted names in the Medicare Supplement industry, and for good reason.
With more than a century of experience and a solid reputation among both policyholders and financial analysts, Mutual of Omaha combines nationwide reach with rock-solid reliability.
Mutual of Omaha's Key Features:
- Available in 49 states – Whether you live in Florida, Texas, the Midwest, or almost anywhere else in the country, Mutual of Omaha likely offers Plan N in your state.
- Strong financial backing – Rated A+ by AM Best, Mutual of Omaha is known for its financial stability, which is critical when choosing a long-term Medicare Supplement provider.
- Generous household discount – Receive up to a 12% household discount when you and another Medicare-eligible person in your home enroll with Mutual of Omaha.
Extra Perks:
Mutual of Omaha doesn’t just offer great core coverage, they also add value through extra benefits and wellness perks that help support your overall health:
- Mutually Well fitness program – Access a network of gyms and wellness resources to help you stay active and healthy.
- Discounts on hearing aids and vision services – Helpful for those with Original Medicare only, which doesn’t cover these services.
- Bundled dental plans – Add standalone dental coverage at a discount when combined with your Medigap policy.
Our Opinion:
Overall, Mutual of Omaha is a smart choice for those seeking a dependable and cost-effective Medicare Supplement provider due to its combination of affordability, reliability, and customer-focused service.
It consistently offers some of the lowest premiums for Plan N and other Medigap options, along with more stable annual rate increases, typically between 6% and 10%, compared to competitors like Cigna and Humana.
Plan N vs. Plan G: What’s the Difference?
When comparing Medicare Supplement plans, the most common question we get is:
“Should I choose Plan G or Plan N?”
Both are excellent choices and offer far more freedom and consistency than Medicare Advantage. But depending on your healthcare usage and comfort level with small out-of-pocket costs, one plan might suit you better than the other.
Coverage Comparison
At first glance, Plan G and Plan N look very similar. Both offer nearly full coverage of the major gaps in Original Medicare, but there are a couple of key differences:
| Feature | Plan G | Plan N |
|---|---|---|
| Part A deductible | Covered | Covered |
| Skilled nursing facility coinsurance | Covered | Covered |
| Part B coinsurance | Covered 100% | Covered (small $20 office / $50 ER copay) |
| Part B deductible | Not covered | Not covered |
| Part B excess charges | Covered | Not covered |
| Copays for office/ER visits | None | Yes: Up to $20/$50 |
In a nutshell: Plan G offers no copays or excess charges but has a higher premium. Plan N has lower premiums with modest copays and excludes excess charges.
Mutual of Omaha Plan N Costs
In most states, Plan N is $25–$75 less per month than Plan G, depending on your insurer and zip code. That’s an annual savings of $300 to $900 per year, just for switching to Plan N.
Here are sample monthly premiums for Mutual of Omaha’s Plan N for a 65-year-old, non-smoking male:
| City | Monthly Premium | With Discounts (Est.) |
|---|---|---|
| Dallas, TX | $147 | $123 – $132 |
| Atlanta, GA | $133 | $111 – $120 |
| Los Angeles, CA | $164 | $137 – $147 |
Keep in mind that actual premiums may vary, especially if you qualify for discounts or live in a state with different Medigap rating rules.
Discounts That Can Lower Your Rate
Mutual of Omaha offers two key discounts that many applicants can qualify for:
- Household discount – Save up to 12% if another Medicare-eligible adult in your home also has a Mutual of Omaha Medigap policy.
- Online enrollment discount – Save 5% when applying through Mutual of Omaha’s digital platform.
These discounts can bring your monthly premium down by $10–$25 per month, depending on your base rate, adding up to $120–$300 in yearly savings.
What Affects Your Plan N Premium?
A few factors impact your rate beyond just your plan and location:
- ZIP code – Rates vary significantly by region due to local healthcare costs.
- Age – Some states use age-based ratings, while others offer community or issue-age ratings.
- Gender – Females typically pay slightly less than males in most states.
- Tobacco use – Smokers can pay 10%–20% more, depending on the carrier.
- Company rating method – Whether the company uses attained-age, issue-age, or community rating impacts how your rate changes over time.
Let’s break down some real-life scenarios to give you a better idea of Plan N vs. Plan G costs.
Plan N vs. Plan G Cost
Scenario #1: Mild Healthcare Use
Location: Atlanta, GA | Carrier: Mutual of Omaha | Annual Doctor Visits: 5 | No ER visits, no excess charges
| Cost | Plan G | Plan N |
|---|---|---|
| Monthly Premium | $170 | $135 |
| Annual Premium | $2,040 | $1,620 |
| Part B Deductible | $257 (not covered) | $257 (not covered) |
| Copays (5 visits) | $0 | $100 ($20 x 5) |
| Excess Charges | $0 | $0 |
| Total Annual Cost | $2,297 | $1,977 |
| You Save With Plan N | $320/year |
Scenario #2: Moderate Use + 1 ER Visit
Location: Dallas, TX | Carrier: Mutual of Omaha | Annual Doctor Visits: 8 office visits
| Cost | Plan G | Plan N |
|---|---|---|
| Monthly Premium | $185 | $147 |
| Annual Premium | $2,220 | $1,764 |
| Part B Deductible | $257 (not covered) | $257 (not covered) |
| Copays (5 visits) | $0 | $160 ($20 x 8) |
| Excess Charges | $0 | $0 |
| Total Annual Cost | $2,477 | $2,231 |
| You Save With Plan N | $246/year |
Scenario #3: Higher Use + Specialist Visits
Location: Chicago, IL | Carrier: UnitedHealthcare | Annual Doctor Visits: 12, 2 ER (1 admitted, 1 not)
| Cost | Plan G | Plan N |
|---|---|---|
| Monthly Premium | $200 | $160 |
| Annual Premium | $2,400 | $1,920 |
| Part B Deductible | $257 (not covered) | $257 (not covered) |
| Copays (5 visits) | $0 | $240 ($20 x 12) |
| ER Copays | $0 | $50 (1 not admitted) |
| Total Annual Cost | $2,657 | $2,467 |
| You Save With Plan N | $190/year |
Key Takeaways:
- Plan N consistently saves $200–$400/year, even in moderate to high usage scenarios.
- The main variable is how often you go to the doctor or the ER, but even in higher-use cases, Plan N often comes out ahead.
- For individuals whose doctors accept Medicare assignment (meaning no excess charges), Plan N provides excellent value.
While Plan N is often compared to Plan G, an even bigger decision for many Medicare beneficiaries is whether to choose a Medigap plan like Plan N or go with a Medicare Advantage (Part C) plan.
Next up, let’s compare the two options.
Plan N vs. Medicare Advantage
These two paths operate very differently. One supplements Original Medicare (Plan N), while the other replaces it (Medicare Advantage). Understanding the key structural and financial differences is critical before making a choice.
Structure: Supplement vs. Replacement
Plan N is a Medicare Supplement plan. It works alongside Original Medicare, helping pay the out-of-pocket costs Medicare doesn’t cover.
Medicare Advantage (MA) plans are private replacements for Original Medicare, meaning you no longer use Medicare as your primary coverage.
Network Flexibility
Plan N allows you to see any doctor or specialist who accepts Medicare nationwide. No referrals or prior authorizations. No networks to worry about.
Medicare Advantage plans operate within restricted provider networks. HMO plans typically require referrals and limit you to in-network doctors. PPOs are more flexible but still have in- and out-of-network pricing.
Cost Structure: Predictable vs. Variable
Plan N offers a predictable monthly premium and low copays. You always know what’s coming – no surprises from specialist visits, prior authorizations, or coverage denials.
Medicare Advantage often has lower premiums, sometimes even $0/month – but you’ll face variable costs each time you use the plan: copays, coinsurance, and potential out-of-network penalties.
Out-of-Pocket Maximums vs. Coverage Certainty
MA plans have a built-in out-of-pocket maximum, usually around $5,000 to $8,000 per year. Once you hit that, you’re covered for the rest of the year.
Plan N does not have a formal out-of-pocket cap, but because it covers most major expenses and works with Original Medicare, your exposure is often far lower and more stable.
Extra Benefits
Medicare Advantage plans often include extras like dental, vision, hearing, and gym memberships, which can sound attractive at first glance.
Plan N doesn’t include these extras, but many insurers (like Mutual of Omaha) offer discount bundles or add-on policies for dental and vision at a low cost.
Switching and Underwriting
If you’re new to Medicare, you can enroll in Plan N with no health questions during your Medigap Open Enrollment Period.
If you’re switching from a Medicare Advantage plan to Plan N after that window, you may be subject to underwriting, which means answering health questions to qualify.
What Real People Say About Plan N
Sometimes the best endorsement of a Medicare plan comes from the people who are actually using it. Here’s what real Plan N members have shared about their experience:
My wife and I both chose Plan N four years ago. It’s been problem free and less expensive than our friends have been paying for Plan F or G. I would buy it again. In fact, I recommended it to my brother-in-law who had to make that same choice a few months ago.
I’ve had Plan N for 2.5 years in Illinois, so far, no issues. I usually pay a $20 copay, but every once in a while it’s less. My overall cost has been lower than it would be with Plan G.
We have Plan N. I tallied up the copays for medical visits this year, which was a high doctor visit year for us. Those copays don’t come close to what we were quoted for Plan G. We’ve been really happy with what N covers.
These real-life experiences reflect what many Medicare beneficiaries find with Plan N: dependable coverage, lower costs, and peace of mind.
Final Verdict: Is Plan N Right for You?
If you’re looking for a cost-effective Medicare Supplement that balances coverage and savings, Plan N deserves your attention.
Plan N is ideal for Medicare beneficiaries looking for lower premiums with solid coverage, especially those who are healthy, visit doctors infrequently, or prefer small copays over higher premiums.
It’s also a good choice for avoiding Medicare Advantage network restrictions.
Plan N Pros and Cons
Pros:
- Lower premiums than Plan G (often saving $300–$800 per year)
- Nationwide doctor access – no referrals or networks
- Stable, guaranteed benefits year after year
- Offered by trusted carriers like Mutual of Omaha
Cons:
- You’ll pay up to $20 for office visits and up to $50 for ER visits
- Part B excess charges aren’t covered (though rarely an issue if doctors accept Medicare assignment)
- Doesn’t include dental, vision, or prescriptions (can be added separately)
Need Help Deciding?
Our licensed insurance agents can walk you through your options, answer your questions, and run side-by-side comparisons between Mutual of Omaha and other top carriers offering Plan N in your area.
We’ll help you weigh the costs, benefits, and underwriting rules – especially if you’re switching from Medicare Advantage to Medigap, which may require answering health questions depending on your situation and state.
Call us for a personalized, no-pressure consultation. Let’s make sure you get the right coverage at the best value.
FAQs
- What’s the difference between Plan G and Plan N?
- Will Plan N premiums increase each year?
- Can I switch from Medicare Advantage to Mutual of Omaha Plan N?
- Does Mutual of Omaha Plan N include dental, vision, or prescriptions?
- What’s the downside of Plan N?
- What are Part B excess charges, and should I worry?
- Are there provider networks?
