You've guessed it, it's an adaption of the classic Monkey's Paw story. It even includes a set of wishes and consequences fairly close to the original story. Updated, though, with face to face consequences and adapted this time with an elderly mortician and a fugitive.
To freshen up what could have been a tired tale, the story of how each character got to their meeting is told a little at a time. The unravelling mysteries are intriguing and entertaining, but not what I would call scary.
The moral sits awkwardly, ignored in the plot and not overly relevant outside of it.
Well acted, it holds up it's half of the episode, but not much more. There are an abundance of horror tropes seemingly for the sake of it. A mortician, a stormy night, a film noir filter... these do not a scary short make.