Page:United States Statutes at Large Volume 108 Part 4.djvu/572

 108 STAT. 3206 PUBLIC LAW 103-354—OCT. 13, 1994 shall submit a final report that provides the evaluation required under subsection (a) to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate. In making the evaluation, the Comptroller General and the Corporation shall— (1) consider the changes made by the Corporation in response to increased program participation resulting from the enactment of this Act; (2) include an evaluation and opinion of the acciu*acy and reasonableness of— (A) the average actual costs for approved insurance providers to deliver multiple peril crop insurance; (B) the cost per policy of complying with the requirements, regulations, procedures, and processes of the Federal Crop Insurance Act; (C) the cost differences for various provider firm sizes and any business dehvered by the Federal Government; (D) the adequacy of the standard reimbursement for potential new providers; and (E) the identification of any new costs related to the enactment of this Act not previously identified in the information reported by the providers; (3) compare delivery costs of multiple peril crop insurance to other insurance coverages that the provider may sell and determine the extent, if any, to which any funds provided to carry out the Federal Crop Insurance Act are being used to fund any otiier business enterprise operated by the provider; (4)(A) assess alternative methods for reimbm^ing providers for reasonable and necessary expenses associated with delivery of multiple peril crop insurance; (B) recommend changes tmder this paragraph that reasonably demonstrate the need to achieve the greatest operating efficiencies on the part of the provider and the Corporation has been recognized; and (C) identify areas for improved operating efficiencies, if any, in the requirements made by the Corporation for compliance and program integrity; (5) assess the potential for alternative forms of reinsiu^nce arrangements for providers of different firm sizes, taking into consideration— (A) the need to achieve a reasonable return on the capital of the provider compared to other lines of insurance; (B) the relative risk borne by the provider for the different lines of insurance; (C) the availability and price of commercial reinsurance; and (D) any additional costs that may be incurred by the Federal Government in carrying out the Federal Crop Insurance Act; and (6) include an analysis of the effect of the current or progosed reinsurance arrangements on providers having different usiness levels. (e) INFORMATION. — (1) PRIVACY.— In conducting the evaluation required by this section, the Comptroller General and the Corporation shall maintain the privacy of proprietary information.

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