Crop Insurance Reform News

Explanation of Crop Insurance Hidden Benefits

During the last farm bill debate we heard Congressional leaders say, farmers don’t get a check, they get a bill for their crop insurance.
 
While that statement may be true, it’s also true that crop insurance is heavily subsidized, providing unlimited premium subsidies to the nation’s largest and wealthiest farms on every acre, every year, regardless of prices, production or farm profitability.
 
 We created a mock “explanation of benefits” to demonstrate the largess.
 

Federal Crop Insurance Gets Failing Grade

At the Center for Rural Affairs, we’ve heard from farmers across the Midwest and Great Plains about the negative impacts of federally subsidized crop insurance for over a decade. A farm safety net is important to help family farmers mitigate risks, but there are real concerns with the current crop insurance program. The best way to begin addressing those concerns is through honest assessment of the crop insurance system.

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