Compare Medicare Supplement Plans: Aetna vs. Mutual of Omaha
- Aetna and Mutual of Omaha are two leading insurance companies who offer Medicare Supplement Insurance (Medigap) plans. Our review compares these two companies and the Medicare Supplement plans they offer in some states.
Two prominent insurance companies that offer Medicare Supplement plans are Aetna and Mutual of Omaha. In this review, we compare the two companies as it relates to their respective Medicare Supplement (Medigap) plan options.
Company Ratings: Aetna vs. Mutual of Omaha
As two of the largest and most well-recognized insurance companies in the U.S., both Aetna and Mutual of Omaha maintain strong consumer and financial ratings.
Mutual of Omaha is accredited with the Better Business Bureau and holds an A+ rating. The company also holds A+ financial strength ratings from A.M. Best and S&P Global, along with an A1 rating from Moody’s.
Mutual of Omaha affiliate and subsidiary companies include United of Omaha Life Insurance Company, United World Life Insurance Company and Omaha Insurance Company.
Aetna is a CVS Health company. CVS Health reports recent financial strength ratings from Moody’s (Baa2) and Standard & Poor’s (BBB).
What Is Medicare Supplement?
Medicare Supplement Insurance, or Medigap, are insurance plans that help pay for out-of-pocket Medicare costs like deductibles and copays. Medigap plans are standardized by the federal government. That means the coverage provided by a particular type of Medigap plan will be the same, no matter where the plan is sold or by whom.
Here is a comparison chart showing the standardized 2025 Medicare Supplement plans available in most states.
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 $2,870 in 2025. 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 $7,220 in 2025. Plan L has an out-of-pocket yearly limit of $3,610 in 2025. 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. |
However, there are still plenty of differences between one Medicare Supplement insurance company.
- Not all carriers offer the same selection of plans.
- Premiums are not standardized, so plan prices may vary between the same type of plan plan offered by different companies in the same area.
- Insurance companies may offer extra perks to customers who sign up for their plans, which can make one company more attractive as you compare your plan options.
- Not all insurance companies maintain the same consumer or financial ratings.
Aetna vs. Mutual of Omaha: Medigap Plan Selection
Aetna sells Medigap Plans A, B, C, D, G (and high-deductible G), F (and high-deductible F), and N. Mutual of Omaha sells Plans A, F, G (and high-deductible G) and N.
Please note that not all plans are available in every location. You can compare your local plan availability to find your best Medigap plan option.
Aetna | Plan | Mutual of Omaha |
---|---|---|
✔ | A | ✔ |
✔ | B | |
✔ | C | |
✔ | D | |
✔ | F | ✔ |
✔ | High-deductible F | |
✔ | G | ✔ |
✔ | High-deductible G | ✔ |
K | ||
L | ||
M | ||
✔ | N | ✔ |
Aetna offers a few more options than Mutual of Omaha, including the high-deductible version of Plan F, which has long been the most popular Medicare Supplement Insurance plan.
Aetna and Mutual of Omaha each offer high-deductible Plan G, which is increasingly becoming a popular Medigap plan.
Who Offers Better Medicare Supplement Rates?
While Medigap benefits are standardized, prices are not. Each carrier is free to set its own premium prices, and it’s typical to see some cost differences between competing companies.
Pricing also varies by location, so Plan N sold in one state may cost more or less than Plan N sold by the same carrier in another state. Pricing can also be affected by things like age, gender, tobacco use, available discounts and cost structure.
What Extra Medigap Benefits Do Aetna and Mutual of Omaha Offer?
Some insurance companies offer extra perks as an added bonus for enrolling in a Medicare Supplement plan.
Aetna Medigap plan members get access to a 24-hour nurse line where you can connect to a registered nurse about any injuries or illnesses or even with questions about your policy. Aetna also offers the Healthwise resource center.
Mutual of Omaha has a senior fitness and wellness program called Mutually Well, and the company includes a free membership to the program for Medicare Supplement Insurance enrollees in some states. The program also includes discounts on healthy living products.
Mutual of Omaha or it's affiliated companies may also offer discounts on routine vision and hearing care to its Medigap members in some states.
Helpadvisor.com is owned and operated by Tranzact, the parent company of TZ Insurance Solutions LLC, which is the owner/operator of MedicareSupplement.com and other websites mentioned on HelpAdvisor and which has a financial relationship with some of the carriers listed on HelpAdvisor. This may influence which products we write about, but HelpAdvisor maintains editorial independence, and our opinions and evaluations are our own.