Mutual of Omaha to Offer Medicare Part D Prescription Drug Plans
OMAHA, Neb.--(BUSINESS WIRE)--Jul 31, 2018--A leader in senior health solutions, Mutual of Omaha will offer Medicare Part D prescription drug plans to seniors across the country, the company announced.
Pending regulatory approval, Medicare Part D plans will be available in 49 states beginning with the 2019 plan year, said Brad Buechler, Executive Vice President, Senior Health Solutions.
“As a customer-focused company that is a leading provider of Medicare Supplement insurance, adding Medicare prescription drug plans responds to our customers’ interest in obtaining their senior health coverages from a single trusted source,” Buechler said. “With the addition of Part D plans, we are able to offer a full suite of senior health solutions including a range of Medicare supplement plans, supplemental dental and vision coverage, and Medicare Advantage plans in select markets.”
Approximately 85 percent of Medicare Supplement customers also purchase a Part D prescription drug plan, he said.
Two Part D plans – the Mutual of Omaha Rx Value enhanced plan and the Mutual of Omaha Rx Plus basic plan – will be introduced in conjunction with the Medicare open enrollment period that begins on Oct. 15. They are offered through a Mutual of Omaha affiliate company, Omaha Health Insurance Company.
The plans will be available through the Mutual of Omaha Advisor Network, independent brokers, website and direct sales channels, and the Medicare.gov Plan Finder.
Medicare Part D works in conjunction with Medicare Part A (hospital) and Part B (doctors and outpatient care) to help seniors meet their prescription drug needs.
Founded in 1909, Mutual of Omaha is a Fortune 500 organization offering a variety of insurance, banking and financial products for individuals, businesses and groups throughout the United States. In the individual market, Mutual is a leader in the life, Medicare supplement, long-term care, disability and annuity lines. The company also offers a portfolio of employee benefit and retirement solutions. With $8 billion in assets, Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses across the United States. For more information about Mutual of Omaha, visit www.mutualofomaha.com.
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CONTACT: Mutual of Omaha
Jim Nolan, 402-351-2944
KEYWORD: UNITED STATES NORTH AMERICA NEBRASKA
INDUSTRY KEYWORD: SENIORS HEALTH PHARMACEUTICAL PROFESSIONAL SERVICES INSURANCE CONSUMER
SOURCE: Mutual of Omaha
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PUB: 07/31/2018 11:00 AM/DISC: 07/31/2018 11:01 AM