The FARMER Act amends federal crop insurance rules to increase premium support and coverage for farmers who choose certain insurance plans. Specifically, the bill raises the government's share of premiums for farm-based revenue and yield protection plans from current levels to 77 percent and 68 percent respectively when farmers select enterprise or whole-farm coverage units. The legislation also strengthens supplemental crop insurance coverage by reducing certain thresholds and increasing the federal premium subsidy from 65 percent to 80 percent for this additional protection. Finally, the bill requires the USDA to complete a study within one year examining whether supplemental coverage can be expanded to larger counties while still providing coverage options between county-wide and individual farm levels. These changes aim to make crop insurance more affordable and comprehensive for American farmers managing agricultural risks.
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