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Diane Publishing Books
Crop Insurance: Actions Needed to Reduce Programís Vulnerability to Fraud, Waste, and Abuse
Robert A. Robinson (au)
Fed. crop insurance protects producers against losses from natural disasters. In 2004, the crop insurance program provided $47 billion in coverage, at a cost of $3.6 billion, including an est. $160 million in losses from fraud & abuse. The U.S. Dept. of Agricultureís (USDA) Risk Management Agency administers this program with private insurers. The Agricultural Risk Protection Act of 2000 provided new tools to monitor & control abuses, such as having USDAís Farm Service Agency conduct field inspections. This report assessed, among other things, the: (1) effectiveness of USDAís processes to address program fraud & abuse & (2) extent to which the programís design makes it vulnerable to abuse. Includes recommendations. Illustrations.
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