Subsidy limits for crop insurance payments made to farmers have been a topic of heated debate during the last several farm bills, from total payment limits to limits based on adjusted gross income. Now that crop insurance is emerging as the primary risk management program, the Government Accountability Office (GAO) released a report on the impact of limits on crop insurance premium subsidies per farmer. According to the GAO, "If a limit of $40,000 had been applied to individual farmers' crop insurance premium subsidies, as it is for other farm programs, the federal government would have saved up to $1 billion in crop insurance program costs in 2011." If that limit had been applied in 2011, up to 3.9 percent of all participating farmers wo...