New Medicare Supplement Plans Available in Colorado and Delaware Effective 03/15/23

We are pleased to announce you can begin selling our new competitively priced Medicare supplement plans in Colorado and Delaware.

• Plans A, F, G, High Deductible G and N are available for sale effective March 15, 2023.
• Plan F may only be sold to applicants who were Medicare-eligible prior to January 1, 2020.

Besides the new low rates, we offer:

• A 12% household discount-this premium discount is only applied when a person, if at the time of application, lives with another adult who is age 60 or older
• Anniversary rating

Rates

                                Colorado- Underwritten by Omaha Insurance Company

Example: As of 07/01/2023 (female, non-tobacco, age 67, lowest area zip, with HHD)

                        Delaware- Underwritten by United of Omaha Life Insurance Company

Example: As of 05/01/2023 (female, non-tobacco, age 67, lowest area zip, with HHD)

Here’s what you need to know to start selling:

Sales Materials

The United of Omaha Life Insurance Company Medicare supplement applications for Delaware will be available on the e-App March 15, 2023. Upon availability, the old underwriting company e-Application will no longer be available. Start using the e-Application today!

 The Omaha Insurance Company Medicare supplement applications for Colorado is not yet available. An additional communication will be sent on March 8, 2023 with the Colorado application book.

New business materials are not yet available on SPA in Forms and Materials. We are still waiting for the state’s approval on the Colorado and Delaware marketing brochure.

Outstanding Applications

• For Colorado, United of Omaha Life Insurance Company applications signed by April 15, 2023 and received in the home office on or before April 15, will be processed and provided prior coverage.
• For Delaware, Omaha Insurance Company applications signed by April 15, 2023 and received in the home office on or before April 15, will be processed and provided prior coverage.
• Old company applications for both Colorado and Delaware with a signed date of April 16, 2023 and later will not be processed. No exceptions will be made. A new application would be required to apply for coverage.
• Pending Medicare supplement applications are no longer considered valid after 60 days and will go incomplete. If applicant would still like coverage, a new application would be required to apply for coverage. 

Here are some reasons you and your clients will appreciate Mutual of Omaha and its affiliates:

• Easy eligibility for the 12%* household discount, available in most states.
• Underwriting decisions on policy issue generally are made within five days. Two-day processing of e-Apps using our e-App. Two-day processing applies to guaranteed issue, open enrollment, and underwritten applications, if the applicant is available for an interview.
• You have direct access to underwriting by calling 800-995-9324 to speak with an underwriter.
• Predictable Premium Changes- Your new business clients can expect just one rate adjustment a year on the policy anniversary date.
• Comprehensive suite of products including Dental solutions, Prescription Drug Plans, Cancer Insurance, and Heart Attack & Stroke Insurance.
• Multi-policy Dental discount- your Medicare supplement clients can receive a 15% discount on their dental premium when the dental application is signed on or after the Med supp application sign date and within 30 days after the Med supp issue date.

For additional transitional rules click here.

Please contact us if you have any questions at 800-693-6083 or sales.support@mutualofomaha.com. Thank you for your business and we look forward to helping you grow your Medicare supplement sales.

*Household discount varies by state.