Compare GoldenCare vs. Mutual of Omaha Long Term Care Insurance

What’s the difference between GoldenCare Long Term Care Insurance and Mutual of Omaha Long Term Care Insurance? See how our editors compare the two companies below.
Last Updated: May 21, 2018
Disclosure: We receive advertising revenue from some partners. 
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GoldenCare
9.8 / 10 - Excellent
#1 in Long Term Care Insurance
Mutual of Omaha
9.0 / 10 - Excellent
#7 in Long Term Care Insurance
vs

Key Facts

  • Rated A+ by the BBB
  • Monthly cash benefits for spousal home care
  • Nationwide network of agents
  • Affiliated with top long term care carriers
  • Applicants between the ages of 30 and 79 will be considered for coverage.
  • Choose between multiple long term care insurance policies
  • Inflation protection
  • Tax qualified plans
  • Solid financial ratings
  • Spouse security benefit option
  • Calendar based elimination period

OVERALL RATINGS

 GoldenCareMutual of Omaha
Claims & Benefits10/109/10
Policies & Coverage10/109/10
Financial Strength10/109/10
Reputation10/109/10

Policies & Coverage

 GoldenCareMutual of Omaha
Policy Types
Individual / Standard
State Partnership
Hybrid Life and Long Term Care
Group
Tax Qualified
Individual / Standard
State Partnership
Group
Tax Qualified
Types of Covered Care
In-Home Care
Assisted Living / Adult Day Care
Nursing Home
Hospice Care
Medical Help Systems
In-Home Care
Assisted Living / Adult Day Care
Nursing Home
Facility Coverage
Any Facility
Any Facility
Available Policy Riders
Inflation Protection
Shared Care
Return of Premium
Waiver of Premium
Alternate Care
Inflation Protection
Shared Care
Alternate Care
Available Discounts
Partner / Household
Preferred Health
Multi-Policy
Partner / Household

Inflation Protection

MutualCare Secure Solution: 3%, 4%, or 5% compound, 3% or 5% compound with an inflation duration of 20 years MutualCare Custom Solution: 1% to 5% compound in .25% increments with an inflation duration of 10, 15, 20 years or lifetime protection.

Policies & Coverage Fine Print


Claims & Benefits

 GoldenCareMutual of Omaha
Maximum Daily Benefit Limit
Varies by Provider
Unlimited Lifetime Benefit Period?
Yes
Elimination Period
30 Day Minimum
0, 30, 60, 90, 180 or 365
Eligibility Requirements
Activities of Daily Living Limitations
Activities of Daily Living Limitations

Financial Strength & Ratings

 GoldenCareMutual of Omaha
Moody's Financial Rating
A1
A1
AM Best Financial Rating
A+
A+
Standard & Poor's Financial Rating
AA-
AA-
*The above information reflects the financial strength of the underwriter of the Mutual of Omaha long term care insurance policies: Mutual of Omaha Insurance Company.
*The above information reflects the financials strength of one of the partner long term care insurance companies that this marketplace offers policies through: Mutual of Omaha Insurance Company.

Reputation

 GoldenCareMutual of Omaha
BBB Rating
A+
A+
Date Collected
2017-12-19
2017-12-20

Contact & Additional Information

 GoldenCareMutual of Omaha
Company Type
Marketplace
Marketplace
Year Founded
1976
1909
Homepage URL
Company Phone
(800) 842-7799
(800) 801-5207
Headquarters Address
10700 Old County Rd. 15, Suite 450, Plymouth, MN, 55441
3301 Dodge St., Omaha, NE, 68175

Final Verdict

GoldenCare Long Term Care Insurance has a higher overall rating than Mutual of Omaha Long Term Care Insurance. GoldenCare scores better than Mutual of Omaha across: Claims & Benefits, Policies & Coverage, Financial Strength, and Reputation.


Customer Comments & Reviews

P
Phillip
Salt Lake City, Utah
10/16/2017
Mutual of Omaha Long Term Care Insurance review
MOO offers a 40% Cash Alternative... "Custom Solution", which allows the insured to opt for a max of $2,400 month (plus inflation). In loue of their monthly reimbursement amount. (Balance stays in the policy's pool of money for future use. Reality can be the real test of a contract. Cash is king with Home Care... THE most prevalent form of LTC by far. My parent's are receiving care from a NON-licensed home care person, paid by the carrier... for the past three years. This would not be covered with most Traditional LTCi carriers.


D
David W
6/3/2017
Mutual of Omaha Long Term Care Insurance review
I am looking for LTCI products for my wife and me. I am 63 and my wife is 62, both in excellent health.