Bill > HR1606

This bill, known as the Crop Risk Options Plan Act of 2013, aims to enhance crop insurance options for farmers by allowing them to purchase a supplemental coverage option that can help cover a portion of their deductible under their primary individual yield and loss policy. This new option can be based on an "area yield and loss basis," meaning it considers crop performance across a wider geographical area, such as a county, rather than just an individual farm's yield. The bill also specifies that this supplemental coverage will only be triggered if area losses exceed 10 percent of normal levels and will not exceed a certain percentage of the underlying policy's coverage. Additionally, the bill mandates that the Federal Crop Insurance Corporation (FCIC), a government entity that oversees federal crop insurance programs, use data from the Risk Management Agency or the National Agricultural Statistics Service, or both, to determine actual production history, which is crucial for setting insurance coverage levels. The FCIC is required to make this new supplemental coverage available for the 2014 crop year.