PRODUCT MANAGEMENT BULLETIN: PM24-005




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

January 16, 2024

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy    1/16/2024

Subject:

Interaction of Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX) with Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) – New Documents Released
Background

The USDA’s Risk Management Agency (RMA) manages the Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX), and USDA’s Farm Service Agency (FSA) manages the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.

In order to make sure stakeholders are reminded of eligibility requirements, RMA is releasing additional information based on questions that have been asked. No program changes have been made with the release of these new documents.

RMA provided an update on this topic to Approved Insurance Providers (AIPs) at the annual Spring Train the Trainer conference held on December 7, 2023, and AIPs are encouraged to remind agents of these requirements to ensure producers are aware when making decisions for the 2024 crop year.

Action

The following guidance documents are now available on the Risk Management Agency (RMA) website at www.rma.usda.gov:

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at www.rma.usda.gov/Information-Tools/Agent-Locator.

DISPOSAL DATE:
December 31, 2024

USDA is an Equal Opportunity Employer and Provider