Effective for all 2009 reinsurance year crops filed 4/30/08 and later. Premium subsidy factors apply to all policies. When the coverage enhancement option is applicable and elected, the premium subsidy factor is based on the coverage enhance option coverage level.
|
Subsidies |
| Coverage level |
CAT |
50 |
55 |
60 |
65 |
70 |
75 |
80* |
85* |
90* |
| Premium subsidy factor** |
1.00 |
.67 |
.64 |
.64 |
.59 |
.59 |
.55 |
.48 |
.38 |
NA |
| GRP premium subsidy factor |
1.00 |
NA |
NA |
NA |
NA |
.59 |
.59 |
.55 |
.55 |
.51 |
| GRIP premium subsidy factor |
NA |
NA |
NA |
NA |
NA |
.59 |
.55 |
.55 |
.49 |
.44 |
|
Enterprise and Whole Farm Unit
Premium Subsidy Factors*** |
| Coverage level |
50 |
55 |
60 |
65 |
70 |
75 |
80* |
85* |
| Enterprise unit factors* |
.80 |
.80 |
.80 |
.80 |
.80 |
.77 |
.68 |
.53 |
| Whole farm unit factors* |
NA |
NA |
NA |
.80 |
.80 |
.80 |
.71 |
.56 |
* Where applicable.
**Applies to all plans of insurance except GRP and GRIP, and livestock.
***See http://www.rma.usda.gov/news/2008/11/1104wholefarm.html
for more information on Enterprise and Whole Farm Unit subsidies.
For more information, contact Craig Witt.
| 
