Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/127031 
Year of Publication: 
2015
Series/Report no.: 
PIDS Discussion Paper Series No. 2015-08
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
Under the Aquino administration, premium subsidies on agricultural insurance have significantly increased, mostly due to the special programs being implemented by the Philippine Crop Insurance Corporation (PCIC). This paper attempts to describe the various fully subsidized agricultural insurance programs of the PCIC, the rationale of each, the beneficiary selection procedures that they undertake, and highlight the implementation issues and concerns that might have policy and welfare implications crucial to their success. The paper finds that the lack of predictability or continuity in implementing these programs, coupled with difficulties in interagency coordination, has posed operational challenges in implementing these. There is also a need for an overarching policy to guide the administration of government subsidies in agricultural insurance, as well as guidelines on prioritization of beneficiaries, to help PCIC offer continued services to the identified beneficiaries and determine who to prioritize.
Subjects: 
Philippines
agricultural credit
agricultural insurance
Philippine Crop Insurance Corporation
government premium subsidy
DAR ARB-AIP
Registry System for Basic Sectors in Agriculture (RSBSA)
DA-Sikat Saka
WARA
NIA Third Cropping Rice Program
Document Type: 
Working Paper

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