Exhibit 652

Crop Insurance: Savings Would Result from Program Changes and Greater Use of Data Mining (GAO-12-256)

Exhibit 652 · GAO report

Crop Insurance: Savings Would Result from Program Changes and Greater Use of Data Mining (GAO-12-256)

would have saved up to $1 billion in crop insurance program costs in 2011

A $40,000 limit on premium subsidies per farmer, as for other farm programs, would have saved up to $1 billion in 2011 and affected up to 3.9 percent of participating farmers, who accounted for about one-third of premium subsidies. A 10-point cut for all farmers would have saved about $1.2 billion. USDA did not agree that Congress should consider limiting premium subsidies; GAO said limits remain appropriate when farm income is at a record high.

Source: U.S. Government Accountability Office
Date: March 2012
Quoted from: Highlights, p. 2 of PDF
Grade: Primary record
Document: https://www.gao.gov/assets/gao-12-256.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding AGR-3.7: Primary record Crop insurance premium subsidies and indemnities have no payment limit and sit outside the actively engaged in farming test. For the programs that apply the test, GAO reported in 2004, 2013 and 2020 that the management standard is broad and that FSA’s compliance reviews were late or not monitored.
Finding AGR-3.16: Open question No public USDA or GAO tabulation combines direct payments, crop insurance premium subsidies, indemnities and ad hoc aid by recipient decile or by crop group.