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Supplemental Coverage Option

PM-21-012: 2021 Crop Year (CY) Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2021, Sales Closing Date (SCD)

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH, SCO, and ECO dry bean and dry pea types with a March 15, 2021 SCD.

COM-20-009: Appendix IV Review Requirements for Enhanced Coverage Option (ECO)

Background

On November 19, 2020, RMA released the 2021 Enhanced Coverage Option Endorsement (21-ECO) and 2021 Enhanced Coverage Option Insurance Standards Handbook (FCIC-24400) on the RMA website. ECO provides area-based coverage for a portion of the policyholder’s underlying policy deductible like the Supplemental Coverage Option (SCO). The underlying policy must be under the Basic Provisions of the Common Crop Insurance Policy –Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion, Yield Based Dollar Amount of Insurance, and APH policies.

PM-17-025.1: 2016 Crop Year Supplemental Coverage Option (SCO) Final Area Yields

Final Area Yields released with PM-17-025 were in error for the following crops: Grapefruit, Lemons, Mandarins/Tangerines, Oranges, and Tangelos. Therefore, the Actuarial Information Browser (AIB) and Actuarial Data Master (ADM) have been updated accordingly and will be available by close of business today. 

DISPOSAL DATE 
December 31, 2017

PM-20-078: Enhanced Coverage Option (ECO) Endorsement Effective for the 2021 and Succeeding Crop Years

Background

On August 20, 2020, the Federal Crop Insurance Corporation Board of Directors approved the implementation of the ECO, under section 508(h) of the Federal Crop Insurance Act. ECO will be available for the 2021 crop year for select crops with a contract change date of November 30, 2020 or later. ECO provides area-based coverage for a portion of the policyholder’s underlying policy deductible like the Supplemental Coverage Option (SCO).

Actuarial Release 20-048

As of October 20, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: