7/31/2015

2015 RMA Financial Assistance Program Information

The Risk Management Agency is continuing the Financial Assistance Program to producers identified in the Targeted States territory (CT, MA, ME, NH, NJ, NY, PA, RI, VT) for 2015. These funds provide a premium reduction for eligible producers that elected a buy-up coverage level risk management plan utilizing the Federal Crop Insurance Program.

  • The projected amount of assistance per crop policy is $150 per crop policy. (2014 assistance was $235 per crop policy).
  • RMA will prorate the amount paid per crop policy in the event that the program request exceeds the appropriated $3.7 million.
  • Assistance does not apply to Livestock Revenue Plans or Livestock Gross Margin Plans.
  • Administrative Fees will not be paid by this program.
  • Funds only apply to producers that purchased buy-up coverage.
  • No action needed.
  • The credit is automatically applied to the customers billing statement.