The USDA's Risk Management Agency has put forward a Good Performance Refund proposed rule with the intent of returning a portion of a farmer's out-of-pocket premium based on his or her good insurance experience. The United State's Department of Agriculture's Risk Management Agency (RMA) published information on Jan. 6, 2011, in the Federal Register regarding a proposed rule on the Good Performance Refund. The proposed Good Performance Refund program establishes a discount, in the form of a refund, that returns a portion of out-of-pocket costs paid for crop insurance premiums to qualifying farmers and ranchers throughout the country. The refund will be given to those farmers and ranchers who have participated in the Federal crop insurance program for a number of years and who have demonstrated favorable insurance experience.
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