We want to make sure you are up to date on the latest with the FTC’s review of the Funeral Rule. This article will provide you the background on the FTC’s review, what NFDA’s responses will be, and what you can do to help.
In short, NFDA always has the best interest of our members in mind when we review and comment on federal changes that may impact your business. NFDA’s position is first and foremost that we completely support transparency in pricing and want funeral consumers to know exactly what they are getting and how much it costs. However, we believe that the Commission should not double down on the inadequacies of the Rule by increasing regulation and making revisions when they are not warranted; the legal burden to revise the rule has not been met and the suggested changes would not further affect the intent of the rule.
That being said, we also believe that it appears to be a foregone conclusion that the FTC intends to institute new rules regarding the issues they have presented. We believe that if NFDA doesn’t provide recommendations on how these revisions could be reasonably instituted, the FTC will proceed without our input and the resulting rules would be extremely onerous.
Therefore, it is important that we suggest changes to the Rule that would address the FTC and consumer group’ concerns, while simultaneously providing clarity and guidance for funeral service professionals. We believe, if our recommendations are accepted, we will be able to gain a significant win for funeral service by clarifying and narrowing the trigger for when price lists must be provided.
Please review the recommendations that NFDA will be submitting to the FTC on behalf of you, our valued members, and make sure to act to make sure your voice is heard!
By Chris Farmer, NFDA General Counsel