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Health Insurance and Financial Assistance for the Cancer Patient
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Under the SRA and cuts specified in the 2008 farm bill, the reimbursement rate for A&O
expenses averaged 18% of total premiums in 2009.
16
This means that for every $100 in premiums
collected, the companies receive a reimbursement of $18 from the federal government. The
reimbursement rate varies by insurance product, depending on whether it is for a yield-based or a
revenue insurance product.
The SRA places a maximum for A&O reimbursements at $1.3 billion per year (adjusted annually
for inflation) and a minimum at $1.1 billion. The cap controls government costs when crop prices
rise (price levels directly...
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Health Insurance and Financial Assistance for the Cancer Patient
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Health Insurance and Financial Assistance for the Cancer Patient
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