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Crop Insurance: Savings Would Result from Program Changes and Greater Use of Data Mining
Crop Insurance: Savings Would Result from Program Changes and Greater Use of Data Mining
 
Our Price: $25.00
By Lisa Shames (au)
Year: 2012
Pages: 64
Binding Paperback
ISBN 978-1-4578-3127-0

Product Code: 1457831279

Description
 
The U.S. Dept. of Agriculture (USDA) administers the federal crop insurance program with private insurance companies. In 2011, the program provided about $113 billion in insurance coverage for over 1 million policies. Program costs include subsidies to pay for part of farmersäó» premiums. For FY 2013-22, the program costs -- primarily premium subsidies -- will average $8.9 billion annually. This report  determined the: (1) effect on program costs of applying limits on farmersäó» premium subsidies, as payment limits are set for other farm programs; and (2) extent to which USDA uses key data mining tools to prevent and detect fraud, waste, and abuse in the program. Charts and tables. This is a print on demand edition of an important, hard-to-find report.

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