New Medicare Supplement Plans in Michigan Effective 10/07/21
We are pleased to announce you can begin selling our new competitively priced Medicare supplement plans in Michigan.
- Plans A, F, G, High Deductible G and N are available for sale effective October 7, 2021.
- 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
- Note: The 12% 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
Michigan- Underwritten by Omaha Supplemental Insurance Company
| Carrier | Plan G | Plan N |
| Omaha Supplemental Insurance Company | $ 99.00 | $ 72.12 |
| Average of Top Carriers | $ 106.58 | $ 85.06 |
Example: As of 8/18/21: female, age 67,non-tobacco, lowest zip area, with available household discount applied.
Here’s what you need to know to start selling:
Sales Materials
| State | Application Book Print Date 09/22/2021 | Outline of Coverage | Med Supp Map |
| Michigan | SAP457203_MI | MI_OSIC_AGY_100721 |
The Omaha Supplemental Insurance Company Medicare supplement application will be available on the e-App October 7, 2021. Upon its availability, the old underwriting company e-Application will no longer be available. Start using the e-Application today!
Outstanding Applications
- United World applications signed by October 7, 2021 and received in the home office on or before October 7, will be processed and provided prior coverage.
- Old company applications with a signed date of October 8, 2021 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.
New business materials are available to view/download on SPA in Forms and Materials and can be ordered through normal channels. Marketing materials have been filed with the state for approval. Once approved, the items will be available on SPA in Forms and Materials under Marketing.
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 gets your policies issued even faster. 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 Insurance, 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.
*Household discount varies by state.