The Common Crop (COMBO) Policy
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Date
2012-08
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Abstract
Beginning with the 2011 crop year, the United States Department of Agriculture’s (USDA) Risk Management Agency (RMA) introduced an initiative to combine and simplify crop insurance. RMA released the Common Crop Insurance Policy Basic Provisions and related Crop Provisions as the insurance policy basis for crop insurance coverage. The new policy is widely described as the COMBO Policy because it explicitly combines APH revenue and APH yield insurance in one general policy and creates a single APH revenue program for each of the commodities that are eligible for APH-based revenue coverage.
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Citation
Policy Paper 37: The Common Crop (COMBO) Policy, James B. Johnson, Vincent H. Smith, & John P. Hewlett, August 2012.