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DP 2015-08: Targeting the Agricultural Poor: The Case of PCIC`s Special Programs

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.

Philippine Institute for Development Studies
Authors Keywords
Reyes, Celia M.; Gloria, Reneli Ann B.; Mina, Christian D.; 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;
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Published in 2015 and available in the PIDS Library or can be downloaded as full text Downloaded 2,402 times since January 22, 2015