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IFDA Lost $59 Million|Opposes Regulation Seeks Medicaid help-Your Funeral Guy.

7 Mar
IFDA Defrauded 59 million then came up on the wrong side of funeral legislation in Illinois istockphoto picture of IL Statehouse

IFDA misappropriated 59 million then came up on the wrong side of funeral legislation in Illinois istockphoto picture of IL Statehouse

The Illinois Funeral Directors Association is at it again. They misused 59 Million of their Trust Fund in an alleged ponzi scheme. Now they are opposing preneed reform and seeking medicaid aide for member funeral homes . This is beyond arrogance. Why do they not just take out a 59 Million dollar Loan and give the money back to the IFDA Preneed Trust?

State Representative Dan Brady of Bloomington , IL has proposed legislation in Springfield, IL that will regulate the preneed trust sellers in the State of Illinois. The Illinois Funeral Directors Association is not supporting the legislation. One would think that they would want to make things right. I would suggest that they give their non guaranteed funds back to the citizens who have lost monies in the non guaranteed policies.

To add insult to injury the IFDA is  supporting legislation which would give more medicaid aide to funeral homes their members. That legislation in Springfield, Il is sponsored by Bob Rita of Blue Island.

Quoting Rep Dan. Brady in  a March 7th post in the Chicago Tribune.

Brady said, “To ask for more money when the IFDA has other problems is not the message to send right now.

It is very unsettling that the new executive director of the Illinois Funeral Directors Association is making false statements to the press . His name is Duane Marsh. In a State-Journal Register|Galesburg.com  Article he said:

‘IFDA supports Rita’s bill. Marsh says the issue is a “humanitarian thing,” but funeral home directors will still help the indigent.

Funeral home directors are going to continue to provide the service no matter what, ” Marsh said.’

First of all as many an indigent person and funeral director know that all funeral homes do not help the indigent.

To say that directors are going to provide the service no matter what is garbage. It may be fraud.

How can Duane Marsh make this statement? He is a former funeral director from Michigan and has been in the State of Illinois for only two months and several days. I call upon Mr. Marsh to retract his statement made to the oldest newspaper in Illinois.

Funeral Industry| Funeral Cost blog by your funeral guy.

Any time  a Funeral Trust Fund is misapplied Funeral directors have to cover costs and consumer costs are raised.

Sources:

Galesburg.com Article posted March 5th

Chicago-Tribune Article posted March 7th