The Ministry of Finance issued the “Implementation Plan on Accelerating the High-Quality Development of Agricultural Insurance”. Among them, it is proposed to strengthen the management of financial subsidies. Strengthen the management of premium subsidy funds, strengthen the comparison and verification of insurance information related to subsidy funds with agricultural production and operation data and historical insurance data, and improve the efficiency of the use of financial funds. Disburse premium subsidy funds to insurance institutions in a timely manner and optimize fund disbursement methods. Encourage all regions to implement models such as “provincial-to-provincial” settlement between provincial finance departments and provincial branches of insurance institutions.

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