Medicare doesn’t cover funeral or burial costs in the event of a beneficiary’s death. This also applies if the beneficiary was enrolled in a Medicare Medical Savings Account plan, a type of a high-deductible Medicare Advantage plan that includes a savings account used to pay for medical expenses. Funeral or bereavement expenses aren’t considered medical expenses and can’t be paid for using funds from a Medical Savings Account plan.
While Medicare coverage is limited, the Social Security Administration does pay survivor benefits, which you can use to pay for funeral costs. This death benefit is a one-time payment to the spouse or child of the beneficiary. Eligibility and the benefit amount will depend on how long your loved one worked and paid Social Security taxes.
Itemized costs for the average funeral in the U.S. in 2014*
Non-declinable basic services fee $2,000
Removal/transfer of remains to funeral home $310
Other preparation of the body $250
Use of facilities/staff for viewing $420
Use of facilities/staff for funeral ceremony $495
Use of a hearse $318
Use of a service car/van $143
Basic memorial printed package $155
Metal Casket $2,395
Subtotal with Casket: $7,181
Total Cost $8,508
Burial Insurance is traditionally a small whole life insurance policy which is purchased to protect ones family from the burden of having to pay for your funeral. These burial insurance plans are generally easy to obtain and will not require any type of medical examinations, simply answer a few health related questions with a licensed agent, and you will have an answer in only a few short days.
Call us today for a free quote for Burial Insurance:
813 964 7100