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Stacked Income Protection Program

Acronym
STAX

Actuarial Release 19-024

As of July 30, 2019 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 8/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.

Additional notes and details regarding this data release:

MGR-19-007: Stacked Income Protection Plan Reporting and Eligibility for the 2019 Crop Year with respect to Supplemental Coverage Option and Agriculture Risk Coverage /Price loss Coverage

Background

The Agriculture Improvement Act of 2018 (2018 Farm Bill) allows producers to make an election of ARC or PLC for each Farm Number in 2019, which will cover the 2019 and 2020 crop years. Enrollment in ARC or PLC will occur after this election. Election or enrollment dates will not begin until after acreage reporting date for cotton producers.

MGR-18-016: Stacked Income Protection Plan (STAX) Policy Changes – 2019 and Succeeding Crop Years

Background

The STAX policy was developed at a time when producers could not enroll seed cotton in the Agriculture Risk Protection (ARC) and Price Loss Coverage (PLC) programs administered by the Farm Service Agency (FSA). In February of 2018, the Bipartisan Budget Act of 2018 was signed into law, which included provisions to allow producers of seed cotton to participate in ARC and PLC. In addition, the provisions included modifications to the Federal Crop Insurance Act (Act) stating that acreage enrolled in these programs would be ineligible for coverage under STAX.

Actuarial Release 18-041

As of November 27, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.
  • 2019 Special Provisions are in the Special_Provisions/2019 directory.

Additional notes and details regarding this data release:

Actuarial Release 18-040

As of November 15, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.
  • 2019 Special Provisions are in the Special_Provisions/2019 directory.

Additional notes and details regarding this data release:

Actuarial Release 18-025

As of July 16, 2018 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2019 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-18-001: 2018 Crop Year Cotton Stacked Income Protection Premium Rates Impacting Policies with a February 28, 2018, or Later Sales Closing Date

Background

The Risk Management Agency (RMA) has discovered that, due to a computer programming error, the 2018 crop year Stacked Income Protection premium rates in the actuarial documents are incorrect and are much lower than is actuarially sound. In accordance sections 506(o) and 508(d) of the Federal Crop Insurance Act, RMA is mandated to maintain actuarial soundness; therefore, action must be taken to correct and reissue the actuarially appropriate rates for the 2018 crop year.

Actuarial Release 18-006

As of February 07, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 11/30, 2/28 Filing Date, YTD, and Daily Files.
  • 2018 Special Provisions for the 2/28 Filing Date.

Users can find this information in the following directories:

  • 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.
  • 2018 Special Provisions are in the Special_Provisions/2018 directory.

Additional notes and details regarding this data release: