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Diane Publishing Books
Crop Insurance: In Areas with Higher Crop Production Risks, Costs Are Greater, and Premiums May Not Cover Expected Losses
Steve D. Morris (au)
The federally subsidized crop insurance program, which helps farmers manage the risk inherent in farming, has become one of the most important programs in the farm safety net. Since 2000, the government劌製 costs for the crop insurance program have increased substantially. The program劌製 cost has come under scrutiny as the nation劌製 budgetary pressures have been increasing. This report identified the costs to the federal government for insuring crops in areas with higher production risks. It examines, for these areas, (1) the government劌製 cost of the crop insurance program; and (2) the extent to which the Risk Management Agency劌製 (RMA劌製) premium rates, as implemented, cover expected losses. Tables and figures. This is a print on demand report.
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