Dark Secrets of Mortuary Funeral Home in Rockford
Death is a dying industry with an economic
phenomenon. As Americans perceived value of traditional funerals
diminish, the cost of funerals have increased nearly 1,328% in just four
decades. In 1960 the average cost of a funeral was $706 when only 3.56%
of bodies were cremated. Today the average traditional costs of mortuary funeral home in Rockford is between $8,000 and $10,000, and about 42% of people are cremated.
The Veil Of Secrecy In Funeral Homes
Many communities have turned a blind eye to
what goes on inside funeral homes, as many people prefer not to know the ins
and out of the business. In addition, grieving customers in need of
funeral goods and services may not be in a healthy state of mind to make
financial decisions. Grief has similar side effects of alcohol
consumption, such as numbness, guilt, and depression, resulting in less alert
and price sensitive customers. In addition, the funeral industry is
somewhat taboo in the sense that communities in general don’t communicate with
one another about what are acceptable practices in this industry.
Some mortuaryfuneral home in Rockford have taken advantage of this
by encouraging the lack of transparency in the industry, charging exorbitant prices
for funeral goods and services and charging people who appear to be wealthy
higher prices. After the abuses in the funeral industry have been exposed,
a groundswell of support for government intervention followed. The Funeral Rule was first enacted to protect
consumers from deceptive practices, but the rule has yet to put the nail in the
coffin.
Declining Value Of Funeral Services
The Federal Trade Commission under The
Funeral Rule defines a traditional, full-service funeral to include a viewing, formal
service, hearse, and burial or cremation. Value is perception and less
and less people are finding perceived value in the traditional mortuary funeral home in Rockford, thus demand for a traditional funeral is declining. At the
same time, the price of this service is increasing so there must be other
factors involved.
The Rise In Funeral Cost
Monetary inflation definitely plays a role
in the rising cost of funeral services and if you want to know the real
rate of inflation, don’t bother with the CPI. Inflation of the money
supply is causing prices to rise among all industries.
Another contributor is the increase in
overhead cost for independently owned mortuaryfuneral home in Rockford. Home funerals use to be a
common practice in the US and is now operated from 1850 to 1928. With
portable equipment, the body would be embalmed in the kitchen, casket the body
in the home, and hold the service in the parlor. However, the funeral
industry has evolved to incorporate funeral homes for a less invasive and
probably more sanitary experience.
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