We are pleased to announce you can begin selling our new competitively priced Medicare supplement plans in New Jersey.
- Plans A, C, D, F, G, High Deductible G and N are available for sale effective October 27, 2022.
- 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 7% household discount-this premium discount is only applied when a person, if at the time of application, lives with another policyholder who has a policy through any of our affiliate companies.
- Anniversary rating
Rates
New Jersey- Underwritten by United World Life Insurance Company
| Carrier | Plan G | Plan N |
| United World Life Insurance Company | $133.81 | $91.00 |
| Average of Top Carriers | $143.59 | $109.64 |
Example: As of 10/6/2022 (female, non-tobacco, age 67, lowest area zip, with HHD applied)
Here’s what you need to know to start selling:
Sales Materials
| State | Application Book
Print Date 10/19/2022 |
Outline of Coverage | Med Supp Map |
| New Jersey | MAP550_NJ | NJ_UW_AGY_102722 | October 27, 2022 |
The United World Life Insurance Company Medicare supplement applications will be available on the e-App October 27, 2022. Upon its availability, the old underwriting company’s e-Application will no longer be available. Start using the e-Application today!
Outstanding Applications
- Omaha Insurance Company applications signed by November 27, 2022 and received in the home office on or before November 27, will be processed and provided prior coverage.
- Old company applications with a signed date of November 28, 2022 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 approved and are available 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 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.
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