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| That same question has been raised in annual evaluations and makes RMA management uncomfortable. Virtually the same product and different costs. RMA recognizes their problem and is proposing a "Combo" policy as their way out of the situation. Therefore your observation will become mute with combo as there will be only one Fedreal crop insurance product. RMA is proposing to do the same with the county programs.
Question that all insurance users should be concerned about: Which revenue product rating model (RA, CRC or hybrid) will RMA employ for their Combo product? This is not an issue this year as we still have choices. But when RMA releases their Combo product, RMA will have made the choice. I know that Barnaby and the U of I folks are hot on this issue and hope that they represent the farmers needs for a cost effective risk management tool.
Forgottonian | |
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CRC vs RA
