The bottom line: Few people adore their health insurance company, but Mutual of Omaha’s members have the fewest complaints of any Medigap company I analyzed. If you want to avoid customer service headaches, Mutual of Omaha could be a great choice. The company also offers some of the largest discounts on premiums, on average.
But high prices can make those discounts irrelevant in some cases — you might find cheaper premiums elsewhere, even without discounts. And over the years of reviewing Medigap companies, my analysis shows Mutual of Omaha had some of the largest year-over-year price increases across the locations I track. Mutual of Omaha is unlikely to be your cheapest option, but it’s still worth a look while you’re comparing quotes.
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Mutual of Omaha Medicare Supplement Insurance plans
Mutual of Omaha offers a small variety of Medicare Supplement Insurance plan types, but they’re the ones most people need. High-coverage Plan G and Plan N are good, popular choices for new Medicare members.
» MORE: Medigap Plan G vs. Plan N
Plan A is also available. This plan offers more basic benefits, but it might be cheaper. And if you became eligible for Medicare before 2020, Mutual of Omaha also offers Medigap Plan F. But if you’re newer to Medicare, companies can’t sell you that plan type anymore.
Mutual of Omaha also offers high-deductible versions of Plan G and Plan F. These versions typically have much lower premiums, but there’s a sizable deductible before they start to pay for services.
Mutual of Omaha’s plans in Minnesota and Wisconsin fit each state’s respective standards. (Those states use a different Medigap plan system than most of the country.)
Cost for Mutual of Omaha Medigap plans
Relatively high prices
Premiums for Medigap plans from Mutual of Omaha could be cheaper. On average, Mutual of Omaha’s premiums for Plan G were about 47% higher than the cheapest company we review. Its Plan N premiums were about 37% higher.
The tables below show companies’ lowest prices from Medicare.gov, including any available household discounts. Rates might vary based on factors like age, sex, location and household status.
We compare prices in three cities. Each city has different average Medigap premiums:
Los Angeles: Higher costs.
Atlanta: Average costs.
Dallas: Lower costs.
We use Plan G and Plan N for price comparisons. New Medicare members usually pick one of those plan types.
The sections below show price estimates filed with the Centers for Medicare & Medicaid Services. Prices are for a 65-year-old female nonsmoker. (Note: Some Medigap prices may be higher for males.)
Our tables compare the company’s prices to the cheapest alternative among the companies NerdWallet reviews. Those companies cover nearly 90% of all Medigap beneficiaries.
Why we compare prices the way we do
In short, I want to use realistic prices when rating companies. Comparing prices among the companies we review is a way to exclude outliers, which might not stay cheap (or in business) over time.
I’m in my fifth year reviewing Medicare Supplement Insurance companies for NerdWallet. During that time, I’ve noticed that smaller companies with super-low prices often don’t stick around for long.
For example, I looked back at price quotes I analyzed in March 2024. Seven of what had been the 10 cheapest Plan G companies in Dallas are gone as of July 2026. Many of those were smaller companies we don’t review. But 12 of the 13 companies I reviewed in 2024 are still there in 2026, so they’re a more stable and realistic set to compare.
Plan G
Mutual of Omaha price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $231. | $191. |
Atlanta | $256. | $140. |
Dallas | $190. | $138. |
Plan N
Mutual of Omaha price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $149. | $146. |
Atlanta | $169. | $102. |
Dallas | $133. | $93. |
Mutual of Omaha Medigap discounts
Above-average discounts
Discounts can help you save on your Medigap premiums. We often see “household” discounts offered to people living with at least one other adult.
Mutual of Omaha’s household discounts were among the most generous I found in my analysis, with an average of about 12%. Its discounts on rates we used for this review were “roommate” discounts, so you don’t need to live specifically with a spouse to qualify.
Available discounts may vary according to factors such as your location, household status and how you apply for a policy.
More Nerdy Perspective
Is Mutual of Omaha a good company for Medicare Supplement Insurance?
Mutual of Omaha scores 4 out of 5 stars on NerdWallet’s Medigap rubric. It has good, low complaint rates and big household discounts on premiums. But higher prices hold it back from reaching our highest scores. If you’re looking for low premiums, consider HealthSpring. And if you want access to more plan types or fitness benefits, take a look at AARP. Our all-around top performer, State Farm, is also a good option. All told, it’s worth considering Mutual of Omaha alongside quotes from a couple of other companies. You might also want to work with a licensed insurance agent or broker to choose your best option.
Mutual of Omaha scores 4 out of 5 stars on NerdWallet’s Medigap rubric. It has good, low complaint rates and big household discounts on premiums. But higher prices hold it back from reaching our highest scores. If you’re looking for low premiums, consider HealthSpring. And if you want access to more plan types or fitness benefits, take a look at AARP. Our all-around top performer, State Farm, is also a good option. All told, it’s worth considering Mutual of Omaha alongside quotes from a couple of other companies. You might also want to work with a licensed insurance agent or broker to choose your best option.
Alex Rosenberglead writer covering MedicareCompare against other providers
🔍 AARP/UnitedHealthcare Medigap
» More options in our roundup of the best Medicare Supplement Insurance companies
Compare against other providers
🔍 AARP/UnitedHealthcare Medigap
» More options in our roundup of the best Medicare Supplement Insurance companies
Mutual of Omaha Medicare Supplement price increases
Premiums rise faster than average
It can be difficult or even impossible to switch Medigap plans or companies after your Medigap open enrollment period because of medical underwriting. If you might stick with the same company for decades, it’s a good idea to consider how its prices change over time.
Over three years of analyzing Medigap price data, I found that Mutual of Omaha’s premiums went up an average of 12.7% per year in the locations we compare. That’s one of the highest rates among the companies I review.
Mutual of Omaha member complaints
58% fewer complaints than average
Mutual of Omaha has a great complaint rate — the best of any Medigap company NerdWallet reviews. Its members file 58% fewer complaints compared to the industry average. That’s according to 2023 to 2025 data from the National Association of Insurance Commissioners.
NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Mutual of Omaha’s spending on care
85.4% for member benefits
Mutual of Omaha Medigap plans spend about 85.4% of premiums on member benefits, according to the most recent annual data. (The other 14.6% goes to overhead expenses like administrative costs, marketing, salaries and commissions.) That’s a good number — slightly above the all-company average of 84.5%.
The medical loss ratio (MLR) is the percentage of premiums a company spends to pay members’ claims.
If the number is relatively low (down in the 70s), I might wonder why the company isn’t spending more on the benefits its members are paying for.
But if the number is very high (around 90% or higher), the company might not turn a profit after expenses. In that case, I worry that it might cut back on Medigap plans or stop offering them altogether.
Additional benefits
Basic perks — nothing special
The Medicare benefits of each Medigap plan are standardized, but companies can include other perks with that coverage. Here are extras available with some Mutual of Omaha policies:
Wellness discount program: Mutual of Omaha’s Mutually Well program offers some members low-cost gym memberships, discounts on wellness products and services, and an app to plan and track fitness activities.
Hearing aids and eyewear: Some policies offer discounts on hearing aids, vision exams and eyewear from certain providers.
Mutual of Omaha Medicare Supplement Insurance service area
Mutual of Omaha offers Medicare Supplement Insurance plans in Washington, D.C., and every state except Massachusetts.
Mutual of Omaha covers more than 1.3 million Medigap beneficiaries. Its share of the total Medicare Supplement Insurance market is about 9.3%.
Compare Medicare Supplement Insurance companies
Get more information below about some of the major Medicare Supplement Insurance companies. These insurers offer Medigap plans in most states, but specifics may vary depending on your location.
About Mutual of Omaha
Mutual of Omaha is headquartered in Omaha, Nebraska. It was founded in 1909 as the Mutual Benefit Health & Accident Association. The company changed its name to Mutual of Omaha in 1950. Mutual of Omaha sells Medicare Supplement Insurance, and its Medicare Advantage plans are co-branded with Wellcare. Other products include Mutual of Omaha life insurance, dental insurance and long-term care insurance. It also offers other financial services such as annuities, mortgages and investment services.
Find the right Medicare Supplement Insurance plan
Because Medigap plans are standardized, you can get precisely the same Medicare benefits from any company. So when you shop, keep these considerations in mind to find the best policy to fit your needs:
Is your preferred plan available? Health insurance companies don’t always sell every plan, so check who sells the plan you want to buy in your area.
What are the premiums? Prices for the same plan can vary between companies, so check to find the most competitive rates.
Will your premiums change over time? Most policies cost more as you age, but some companies offer policies that let you lock in a price when you sign up.
Are there extras? Medigap plans’ core benefits are standardized. But in certain cases, some companies include such perks as discount programs or gym memberships.
If you have additional questions about Medicare, visit Medicare.gov or call 800-MEDICARE (800-633-4227, TTY 877-486-2048).
- Complaint rates are well below the market average.
- Sizable premium discounts.
- Higher premiums in the locations we compare.
- Annual price increases are on the high side.
NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.
- 1.Centers for Medicare & Medicaid Services. Find a Medigap Policy That Works For You. Accessed Jul 22, 2026.
- 2.National Association of Insurance Commissioners. Company Complaint Index. Accessed Jul 22, 2026.
- 3.National Association of Insurance Commissioners. 2024 Medicare Supplement Insurance Experience Reports (Direct Premiums Earned; Direct Claims Incurred). Accessed Jul 22, 2026.
- 4.National Association of Insurance Commissioners. 2024 Medicare Supplement Loss Ratios. Accessed Jul 22, 2026.
Medicare Supplement Insurance ratings methodology
NerdWallet’s Medicare Supplement Insurance (Medigap) ratings are based on pricing, discounts, plan types offered, complaint data from the National Association of Insurance Commissioners, consumer experience, additional perks and benefits, and more. To calculate each health insurance company's rating, we adjusted the scores to a curved 5-point scale, rounded to the nearest half star.
NerdWallet reviewed 13 Medicare Supplement Insurance companies based on highest enrollment and greatest online search volume. We review companies covering nearly 87% of all Medigap beneficiaries in the United States. At the state level, our research includes the two largest Medigap insurance companies in 45 out of 50 states, plus Washington, D.C. We cover at least one of the two largest Medigap companies in every state.
These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best coverage and rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines and full ratings methodology for Medicare Supplement Insurance.
Insurer complaints methodology
We examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, we calculated a similar index for each insurance company, weighted by market shares of each subsidiary. We score companies based on this index of how many complaints the company receives relative to its market share. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Compare Medigap plans
Insurance company | NerdWallet rating | Plan types offered | NAIC complaint rate | Annual price increases | Learn more |
|---|---|---|---|---|---|
BEST OVERALL | |||||
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 5.0/5 | A, C, D, F, G and N | Far fewer than expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
BEST FOR LOW PRICES | |||||
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.5/5 | A, F, G and N | Far more than expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
BEST FOR PLAN AVAILABILITY | |||||
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.3/5 | A, B, C, F, G, K, L and N | Fewer than expected | Higher than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.3/5 | A, F, G and N | Close to expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |