United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2007-05-03 monographic deposited born digital 22 p. GA 1.13:GAO-07-819T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-819T P0b002ee18037cb07 f:d07819t DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-07-819T machine generated eng fdlp REPORT GAOREPORTS-GAO-07-819T GAO-07-819T Agricultural policies Agricultural programs Crop insurance Fraud Insurance Insurance claims Insurance losses Insurance premiums Internal controls Monitoring Program abuses Program evaluation Risk management Waste, fraud, and abuse Federal Crop Insurance Program Testimony A69067 The U.S. Dept. of Agriculture's (USDA) Risk Management Agency (RMA) administers the federal crop insurance program in partnership with private insurers. In 2006, the program cost $3.5 billion, including millions in losses from fraud, waste, and abuse, according to USDA. The Agricultural Risk Protection Act of 2000 granted RMA authority to renegotiate the terms of RMA's standard reinsurance agreement with companies once over 5 years. This testimony is based on GAO's 2005 report, Crop Insurance: Actions Needed to Reduce Program's Vulnerability to Fraud, Waste, and Abuse, as well as new analyses this Committee requested on underwriting gains and administrative and operating expenses USDA paid companies. GAO discusses (1) USDA's processes to address fraud, waste, and abuse; (2) extent the program's design makes it vulnerable to abuse; and (3) reasonableness of underwriting gains and other expenses. USDA agreed with most of GAO's 2005 recommendations to improve program integrity. RMA agreed that GAO's new analyses were technically accurate. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-819T/html/GAOREPORTS-GAO-07-819T.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-819T/pdf/GAOREPORTS-GAO-07-819T.pdf GAO-07-819T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-819T Testimony GAO-07-819T; Crop Insurance: Continuing Efforts Are Needed to Improve Program Integrity and Ensure Program Costs Are Reasonable; Agricultural policies Agricultural programs Crop insurance Fraud Insurance Insurance claims Insurance losses Insurance premiums Internal controls Monitoring Program abuses Program evaluation Risk management Waste, fraud, and abuse Federal Crop Insurance Program