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Stuff You Should Know

Short Stuff: The Casket Racket

Stuff You Should Know

iHeartPodcasts

Society & Culture

4.679.3K Ratings

🗓️ 5 January 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

And you thought we were done with talking about funeral homes. Well guess again!

Transcript

Click on a timestamp to play from that location

0:00.0

There's so much news happening around the world that we're somehow supposed to stay on top of.

0:05.7

That's why we launched The Big Take.

0:08.3

It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit

0:14.0

to give you some space to think.

0:16.4

I'm Wes Kosova.

0:17.7

Each weekday I dig into one important story and talk about why it matters.

0:23.6

Listen to The Big Take on The I Heart Radio App, Apple Podcasts or wherever you listen.

0:34.4

Hey and welcome to the short stuff on Josh and there's Shopkins.

0:37.8

This is short stuff.

0:40.0

It's another funeral edition one.

0:43.8

The never ending death suite, I guess, is what it's a part of.

0:48.6

I know and I just want funeral directors out there who listen to know that

0:52.2

we don't not like you.

0:55.3

Just because this episode is going to be called the Casket Racket doesn't mean we don't like

1:00.4

you.

1:01.4

But when you look at the numbers of the price of caskets, the markup on caskets, it is

1:07.2

a little hard to not think there's got to be a better way.

1:10.6

Yeah.

1:11.6

A more fair, humane way that doesn't just completely rip off the consumer.

1:18.3

So I think the average casket in the United States goes for about $2,500, which is a significant

1:25.5

contributor to the overall cost of a funeral, which can be 8 to 10 grand on average.

1:31.9

That's like a quarter or more of the total cost just as in the casket alone.

...

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