Showing posts with label hidden costs. Show all posts
Showing posts with label hidden costs. Show all posts

Friday, September 26, 2014

A less obvious shrinkflation

Do you see many refills for liquids in pump dispensers?

Once upon a time, I bought liquid soap based on the availability of larger refill bottles.  When I checked a local supermarket earlier this week, there were no refills to be found, neither for soap nor sanitizer.

The groceries and the larger manufacturers make more money per unit selling only the pump containers.

Whole Foods Co-op in Duluth bucks this trend.  Not only does it have refill bottles but it also has bulk containers so you can refill your own container.

Many people don’t shop at co-ops because many items often cost more.  They don’t realize all the savings in plain sight that are available at co-ops.

See also “Smaller package?  Blame Shrinkflation”.

Monday, June 08, 2009

Health care - really a question of winners and losers

One of the objections that conservatives (Republicans and Democrats) have against government health care insurance is "it could force many private insurers out of business." - "GOP senators warn Obama on health care", Yahoo Finance, 2009-06-08

But, the current health care system is already forcing some companies out of business. Was it Waggoner of GM who said he started out making automobiles but wound up running a health care insurance business?

Not only are many companies at a competitive disadvantage to companies in countries with extensive government sponsored health care, many companies aren't started because of health care. First, many people don't go off on their own because they don't want to "lose benefits". Second, if are willing to go off on their own, they are wary of the need to provide benefits, a drain on their cash flow and on their time.

Another complaint against government health care has been the cost. Most critics talk as that is an additional cost to Americans that they didn't have before. The real question is how much will the costs be offset by other savings - existing insurance premiums, the cost in goods and services due to health care costs for employees, and the cost of uninsured going to emergency rooms. Does anybody even know if the savings could be even greater than the cost?