Aetna vs. Mutual of Omaha Medigap Plans in Texas

Aetna and Mutual of Omaha are two of the most established and nationally trusted names in the Medicare Supplement (Medigap) market - and both have a strong presence right here in Texas.

Each company offers the same core Medigap options Texans rely on most: Plan G and Plan N.

Because Medicare standardizes Medigap benefits, the coverage for each plan letter is identical no matter which company you choose.

The real differences show up in the things that matter over the long haul - like:

• Premiums in your specific ZIP code
• Household discounts and extra savings
  
• Member experience, customer service, and claims handling
  

And that’s where these two carriers start to separate.

Aetna tends to shine with steady, predictable pricing and a simple member experience.

Mutual of Omaha stands out with its long-standing reputation, strong underwriting history, and deep familiarity among doctors and hospitals.

This guide breaks down how the two compare - so you can confidently choose the Medigap plan that fits your health needs and your budget.

How Aetna and Mutual of Omaha Actually Differ

Here’s the honest truth: when it comes to Medicare Supplement plans, Aetna and Mutual of Omaha are far more alike than different.

That’s because Medigap plans are standardized by the federal government - meaning a Plan G from either company gives you the exact same medical coverage, doctor access, and benefits.

So if the coverage is identical, where are the real differences? They show up in a few simple places that matter when you’re choosing a carrier.

#1. Premium Differences Across Texas ZIP Codes

Both companies offer competitive pricing, but Aetna often comes in with lower premiums in many Texas counties - especially for Plan G.

Mutual of Omaha usually lands somewhere in the middle: not always the cheapest, not the highest, but consistently strong.

Bottom line: The coverage is identical - what differs is how much you pay for it each month.

#2. Household Discounts

The discount programs work a little differently:

• Aetna offers household discounts in many areas, which can reduce your premium if another adult in your home is also eligible.
  
• Mutual of Omaha also offers a household discount, though usually smaller.
  

These discounts don’t change your benefits - they simply help you save based on who you live with.

#3. Customer Experience

This is where preferences really come into play.

• Aetna is known for a more modern, digital approach - easy online tools, smooth enrollment, and a member portal that keeps things simple.
  
• Mutual of Omaha feels more classic and traditional - strong phone support, a familiar brand, and decades of Medicare-focused service.
  

Both get the job done. It really just depends on whether you want a modern interface or a more traditional, hands-on feel.

#4. Brand and Provider Recognition

Mutual of Omaha has been a household name in Medicare for over 100 years, and doctors’ offices across Texas recognize the brand instantly.

Aetna is also widely accepted nationwide, but Mutual may feel more “old school familiar” to many retirees.

Key Takeaway

At the end of the day, the benefits don’t change between the two - Plan G is Plan G, no matter whose name is on the card.

The difference is mostly in price, discounts, and the style of service you prefer.

Aetna often wins on affordability; Mutual of Omaha often wins on familiarity.

What Plans Do They Offer?

When comparing carriers like Aetna and Mutual of Omaha, the first thing to understand is that the plan letters matter far more than the carrier name.

Both companies offer the same popular Medicare Supplement plans in Texas - meaning you’re choosing the shape of the coverage, not the coverage itself.

What changes is the cost, the service, and the carrier behind it.

Key Plan Offerings

• Plan G - The gold standard for new enrollees; nearly all out-of-pocket costs covered (aside from the small Part B deductible).
  
• Plan N - Nearly the same core coverage as Plan G, but with lower premiums and small copays (for doctor visits or ER trips).
  

High-Deductible Plan G (HDG) is also a great choice for healthy, budget-focused retirees - it has a low monthly premium in exchange for a higher annual deductible.

Note that only Mutual of Omaha offers HDG, Aetna does not currently offer it.

Bonus Notes

• Both carriers may still offer legacy plans like Plan A or Plan F - but only for beneficiaries who became eligible before January 1, 2020.
  
• In Texas especially, Plan G, Plan N, and HDG dominate Medigap enrollment. The benefits are identical across carriers - the only things that vary are how much you pay and which company you pick.

Standardization Reminder

Because federal rules require that each carrier offering the same plan letter must deliver the same benefits, you don’t get “better coverage” by choosing one company over another.

What you can get is a better price, better service, or better member experience depending on carrier.

Plan G vs. Plan N - Feature Breakdown

Before comparing Aetna and Mutual of Omaha on price, it helps to understand how the two most popular Medigap plans in Texas actually work.

Plan G and Plan N are both strong choices - they just appeal to different types of retirees.

Plan G: The Full-Coverage Favorite

Plan G is the most comprehensive Medigap plan available to new Medicare enrollees.

Once you pay the small Medicare Part B deductible for the year, Plan G covers almost everything else Medicare doesn’t.

What Plan G Covers:

• Part A coinsurance and hospital costs
  
• Part B coinsurance
  
• Skilled nursing facility care
  
• Excess charges (important if your doctor doesn’t accept Medicare assignment)
  
• Foreign travel emergency coverage
  
• Blood (first 3 pints)
  

Why Texans love it: It’s simple, predictable, and eliminates most surprise bills. It’s the “set it and forget it” option.

Plan N: Lower Premiums, a Few Small Copays

Plan N offers nearly all the same protections as Plan G - but trims the monthly premium by adding minor cost-sharing.

How Plan N Works:

• You may pay up to $20 for some doctor visits.
  
• You may pay up to $50 for ER visits (waived if admitted).
  
• Part B excess charges are not covered.
  

You still get:

• Full hospital coverage
  
• 100% of Part A coinsurance
  
• Strong outpatient coverage
  
• Foreign travel emergency benefits
  

Why Texans choose it: Plan N fits well for healthier retirees in cities like Austin, Dallas, and San Antonio who want a lower premium and don’t mind the occasional copay.

Plan G Premium Comparison in Texas

When it comes to the most comprehensive Medigap option - Plan G - the coverage is standardized across all carriers. What varies is how much you’ll pay.

Here are sample monthly premium figures in Texas for a 65-year-old non-smoker:

• Aetna Health Insurance Company: $268/month
  
• Mutual of Omaha (Mutual of Omaha Insurance Company): $245/month

What this means:

• Mutual of Omaha currently holds a slight pricing edge over Aetna in many Texas ZIP codes.
  
• Both carriers are toward the higher end of the pricing spectrum, meaning they’re not always the lowest-cost options in every region. If you aren’t sold on either of these companies, finding the lowest premiums may be your best interest.
  
• Because benefits are identical, paying more for the same plan letter doesn’t buy extra coverage - it simply costs more.

Plan N Premium Comparison in Texas

When it comes to Medicare Supplement Plan N in Texas, both Aetna and Mutual of Omaha offer strong, reliable coverage - but their pricing generally lands on the higher end of the market.

Plan N continues to grow in popularity among healthier Texas retirees who want to lower their monthly premium but still keep solid coverage.

That said, every Medigap company sets its own rates, and these two carriers typically price above some of the newer, more aggressively priced competitors.

Based on the Texas rate filings we reviewed, here’s how Aetna and Mutual of Omaha compare:

• Aetna Plan N: around $184 per month
  
• Mutual of Omaha Plan N: around $186 per month
  

These numbers are just examples; your exact premium can be higher or lower depending on your ZIP code, age, gender, and household discount eligibility.

But the takeaway is clear: both companies sit in a similar - and slightly pricier - tier for Plan N in Texas.

So which one is the better deal?

In most cases, they’re close enough in price that the decision comes down to personal preference:

• Aetna appeals to those who want predictable, no-nonsense coverage.
  
• Mutual of Omaha attracts retirees who prefer a long-established brand with decades of Texas name recognition.
  

But here’s the part most Texans overlook: Because Plan N benefits are identical across all companies, it’s usually worth checking a few additional carriers to see who offers the lowest premium in your ZIP code.

A $10–$20 monthly difference adds up quickly - and choosing a lower-cost, highly rated insurer typically provides the best long-term value.

Discounts, Perks and Member Experience

When you’re comparing Medigap carriers, the monthly premium is only part of the story.

The discounts you qualify for, the perks you’ll actually use, and how easy it is to manage your policy day-to-day can make one company feel like a better fit than another.

Here’s how Aetna and Mutual of Omaha stack up for Texas Medicare Supplement shoppers.

Aetna

Household Discounts‍

Aetna offers savings for households with two Medicare-eligible adults enrolled in a Medigap plan.

In many Texas ZIP codes, that discount sits around 7%, which can add up quickly over the course of a year.

Digital Tools and Ease of Use‍

Aetna keeps things simple. Their online portal and mobile tools make it easy to view claims, manage billing, or update your policy without calling in.

If you prefer a straightforward, no-frills experience, Aetna tends to hit the mark.

A Clean, Simple Experience‍

Aetna’s biggest appeal is that nothing feels complicated. No unnecessary extras, no confusing add-ons - just solid Medigap coverage that works the way you expect.

Takeaway: If you want a dependable, easy-to-manage plan with a good household discount and no extra clutter, Aetna is a strong choice for Texas retirees.

Mutual of Omaha

Household Discount (Often 7–12%)‍

Mutual of Omaha is known for offering some of the more generous household discounts in the Medigap space.

Savings vary by state and ZIP code, but it’s not uncommon to see discounts in the 7–12% range when two adults in the same home enroll.

A Legacy Brand With Deep Trust‍

Mutual of Omaha has been around for more than 100 years, and many doctors and hospitals in Texas recognize the name immediately.

That familiarity can make your healthcare experience feel smoother.

Wellness Perks and Extras‍

Mutual’s “Mutually Well” program can offer benefits like fitness discounts, wellness resources, and optional add-on benefits in certain areas.

They don’t overload you with perks, but you do get a little extra value.

Takeaway: If brand recognition and long-term dependability are high on your list - and you appreciate having some wellness extras available - Mutual of Omaha is a great fit.

Final Comparison

Aetna = Simplicity and Lower Entry Cost. Perfect for Texans who want a clean, predictable plan and prefer to manage their coverage online without extra bells and whistles.

Mutual of Omaha = Trust and Long-Term Assurance. A strong pick if you want a carrier with deep roots, strong name recognition with doctors, and a handful of wellness perks.

One last reminder: Medigap plan benefits are 100% standardized. Plan G is Plan G - no matter which company sells it.

What does vary is the price you pay, the discounts available, and the overall service experience.

That’s why comparing rates side-by-side almost always saves you money.

Which Company Is Right for You?

Here’s the honest truth we tell every Texan we work with: Aetna and Mutual of Omaha are both solid Medigap companies… but neither one is usually the cheapest option on the market.

And since the benefits for each plan letter are identical, paying more rarely gets you anything extra.

So the real question isn’t “Which brand is better?”. It’s “Which one gives you the better deal in your ZIP code?”.

With that in mind, here’s how the two carriers typically land:

Choose Aetna if:

• You want the simplest, most predictable experience possible.
  
• You like clean digital tools and easy plan management.
  
• You prefer a plan that feels “set it and forget it.”
  

Aetna is a great fit for people who don’t need a famous brand name - just dependable coverage at a fair price.

Choose Mutual of Omaha if:

• You value brand recognition and want a company every doctor already knows.
  
• You like the comfort of working with a carrier that’s been in Medigap for generations.
  
• You don’t mind paying a bit more for that long-standing reputation.
  

Mutual is the choice for folks who want the name they’ve trusted for years.

Our Take - From the Agent’s Desk

For most Texans, the smartest move is simple: Choose whichever company gives you the lowest premium for the same plan letter.

Because the coverage is identical, you’re not saving money by choosing a “bigger name” - you’re paying extra for the same benefits.

And in many Texas ZIP codes, you can usually find a better-priced option altogether, not just between these two.

Aetna and Mutual both have their strengths, but neither consistently wins the “best value” title statewide.

How to Compare Aetna and Mutual of Omaha Rates

If you’re trying to decide between Aetna and Mutual of Omaha, here’s a simple way to do it without overcomplicating things:

#1. Start with your ZIP code. Medigap pricing is hyper-local. The first step is always to run quotes based on your ZIP code, not a statewide average or a friend’s rate.

#2. Compare the same plan letters side-by-side. Look at Plan G vs Plan G and Plan N vs Plan N from each company. The benefits are identical, so this is really a price and comfort comparison.

#3. Ask about discounts. Find out if you qualify for a household discount or any other premium reductions with each carrier. That can easily swing the better value from one company to the other.

#4. Get a feel for history, not just today’s price. You don’t need charts and graphs, but it’s worth asking: “Has this company been fairly consistent over the years in Texas?”.

If both look solid, let the premium be your tiebreaker.

#5. Let Policy Guide do the heavy lifting. Instead of calling carriers one by one, you can use Policy Guide to compare Aetna, Mutual of Omaha, and other top companies in your ZIP code at the same time.

We’ll compare quotes and show you the same plan letters, side-by-side, so it’s easy to see who’s charging more for identical coverage.

Bottom line: Run the quotes, apply any discounts, and then pick the lowest-priced reputable carrier for the plan you want.

Final Thoughts

At the end of the day, both Aetna and Mutual of Omaha are strong, reputable Medicare Supplement carriers - you really can’t go wrong with either.

But when you put them side-by-side in Texas, a few themes stand out clearly.

Aetna tends to come in relatively cheaper than Mutual of Omaha in many ZIP codes, making it a solid pick if your goal is to keep monthly premiums as low as possible without sacrificing coverage.

Mutual of Omaha, on the other hand, is a great fit if you value decades of brand recognition, long-standing trust among doctors, and a carrier that’s been in the Medigap space since the beginning.

But here’s the most important takeaway: The benefits are identical for the same plan letter - the price is not.

You could easily save hundreds per year simply by choosing the lower-priced company for the exact same Medigap coverage.

That’s why rate shopping matters. Check your ZIP code, compare Plans G and N across carriers, apply any discounts, and go with the best deal you can find.

In a market where every dollar counts, picking the right company isn’t about prestige - it’s about getting the same protection for a better price.