Critical Advantage Rate Decrease for Existing Policyholders – OH

Another state has approved the Critical Advantage rate decrease of 20% for current policyholders. Effective May 1, 2019, the rates for existing policyholders in Ohio will be reduced by 20%.

Your current customers in Ohio will not have to do anything to get the new rates. Their premiums will be at the new 20% rate cut automatically starting on 05/01/2019.

Here is what your clients can expect with the lower rates.

Age Current Monthly Rate New Monthly Rates Monthly Savings Yearly Savings
35 $22.81 $18.25 $4.56 $54.72
45 $38.09 $30.48 $7.61 $91.32
55 $59.69 $47.75 $11.94 $143.28
65 $86.69 $69.35 $17.34 $208.08

This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage.

To see how our rates match up to a competitor, click here.

Be sure to update your mobile quote app to get the most up to date rate information. The total list of states that have approved the rate cut for current policyholder is shown below:
AL, AR, AZ, CT, DE, DC, GA, HI, IA, ID, IL, KS, KY, LA, ME, MD, MI, MN, MS, MO, NC, NE, NH, NJ, ND, NV, NM, OH, OK, PA, SC, SD, TN, TX, VT, WI and WY

Please contact Mutual of Omaha if you have any questions: (800) 693-6083 or
Critical Advantage Rate Decrease for Existing Policyholders