Mutual of Omaha and Wellcare to offer co-branded Medicare plans
Mutual of Omaha announced it has formed a strategic alliance with Wellcare , the Medicare Advantage brand and wholly owned subsidiary of Centene , to offer jointly-designed Medicare Advantage plans for the 2024 plan year. These plans will be offered in Georgia, Missouri, South Carolina and Washington state as well as in the Dallas/Fort Worth and Houston markets in Texas.
The Medicare Advantage plans, which include no premium and low premium options, will be available in select markets as part of this fall’s Annual Enrollment Period, which began Oct. 15 and runs through Dec. 7.
“These co-branded PPO-based plans will enhance consumer choice and offer peace of mind to Medicare beneficiaries through innovative design features backed by Mutual of Omaha’s trusted brand and Wellcare’s sophisticated health management capabilities. Mutual of Omaha and Wellcare have a wealth of experience meeting seniors’ health care needs and are a strong cultural fit. Together, we emphasize collaboration, accountability and innovation to drive the best experience and value for the customer.” – Mutual of Omaha Executive Vice President of Senior Solutions, Brad Buechler.
Mutual of Omaha is the nation’s second-largest provider of Medicare Supplement plans and remains committed to the Medicare Supplement market. Its senior health solutions portfolio also includes prescription drug (Part D), dental and vision coverages. Wellcare currently provides quality, affordable healthcare to more than 1.3 million Medicare Advantage members in 36 states and is the second largest prescription drug plan (PDP) in the nation covering 4.5 million lives across 50 states.
“Wellcare and Mutual of Omaha share a deep commitment to offering quality and affordable healthcare. The partnership provides an exciting opportunity for us to offer plans that meet the health care needs of Medicare beneficiaries. At Wellcare, we are always looking for ways to enhance the care experience for those we serve and believe this new offering does just that.” – Wellcare’s Senior Vice President and Medicare CEO, Rich Fisher.
