Estimating the Costs of MPCI Under the 1994 Crop Insurance Reform Act
估算了1994年作物保险改革法案后,联邦作物保险公司和多重风险作物保险在1996至2003年间平均每年总政府成本超过20亿美元,其中一半为保费补贴。
The 1994 Crop Insurance Reform Act addressed two major problems of MPCI (multiple peril crop insurance): low participation and additional disaster assistance. In this study, total government costs for the FCIC (Federal Crop Insurance Corporation) and MPCI are estimated to be more than $2 billion, on average, from 1996 to 2003, with half of this amount being in the form of premium subsidies paid by the government.