A health card is your ticket to a more convenient health care. Is there a death benefit from an HMO? Read on to see the limitations of health cards.
Is Death Covered?
Apparently, health cards will no longer be useful once the member dies. You see, HMOs are utilized mainly on hospitalization in both in-patient and outpatient scenarios. The benefits are based solely on the agreed coverage in the contract.
No one can predict life. Even if you have the most expensive health card, your body will deteriorate sooner or later. In this regard, a plan may only be useful during hospitalization and confinement.
What Are The Expenses
Hospitals bills are a given when one gets confined and treated. With an untimely death, other costs will pile up too. Here are some of the most common expenses when an individual dies under health services:
- Death certificate
- Embalming or autopsy
- Funeral expenses
- Burial location
What Are My Options For Death Expenses?
This is where health insurance may be beneficial. These products offer death benefits to members as long as they have completed paying the premiums. Employees both from government and private sectors will also benefit from their GSIS and SSS death benefit respectively.
Can My Card Be Transferred?
You cannot transfer your HMO account to anyone. All the attached benefits are solely for your use. It will automatically expire on the given date or when you consume up your maximum benefit limit prior to renewal.
In Summary
Practically speaking, HMOs will not maximize its profit if they will cover death expenses. The companies are for the living and taking care of their health needs is the priority product offering. Death benefits are not available in any HMO.
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