There is sufficient geographic diversity to establish adequate actuarial rating to allow the private sector to handle this risk. Alternatively, there are numerous farm organizations such as the Farm Bureaus that could manage the mutual mechanism of crop failure risk.
Anyone find it odd that the political party that most vocally objects to government involvement in health insurance stands in support of government management of crop insurance?
Makes sense.
There is sufficient geographic diversity to establish adequate actuarial rating to allow the private sector to handle this risk. Alternatively, there are numerous farm organizations such as the Farm Bureaus that could manage the mutual mechanism of crop failure risk.
Anyone find it odd that the political party that most vocally objects to government involvement in health insurance stands in support of government management of crop insurance?