{ "id": "98-652", "type": "CRS Report", "typeId": "REPORTS", "number": "98-652", "active": false, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 105191, "date": "1998-08-03", "retrieved": "2016-05-24T20:53:04.954941", "title": "The Ready Reserve Mobilization Income Insurance Program", "summary": "The Ready Reserve Mobilization Income Insurance Program (RRMIIP) was a Department of\nDefense (DoD) program designed to help military reservists protect themselves from financial loss\nduring an involuntary order to federal active duty. Though intended to be a self-financing program,\nthe RRMIIP became insolvent soon after its debut in 1996 due to low enrollment and severe adverse\nselection. The program was terminated by Congress only a year later and Congress eventually\nappropriated a total of $119 million to pay off insurance claims associated with the RRMIIP. The\nfailure of the RRMIIP diminished interest in mobilization insurance both in Congress and DoD, but\nthere has been continuing pressure by some reservists and various reservist interest groups to\nimplement a new program. This report examines the creation and failure of the RRMIIP and\nanalyzes some possible options for addressing the issue of income loss due to mobilization,\nincluding a restructured mobilization insurance program, individual savings and investment,\ngovernment reimbursement of loss, and private insurance.", "type": "CRS Report", "typeId": "REPORTS", "active": false, "formats": [ { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/98-652", "sha1": "3da75286fbc4bfb151e4c9c3b5724120bf43edae", "filename": "files/19980803_98-652_3da75286fbc4bfb151e4c9c3b5724120bf43edae.pdf", "images": null }, { "format": "HTML", "filename": "files/19980803_98-652_3da75286fbc4bfb151e4c9c3b5724120bf43edae.html" } ], "topics": [] } ], "topics": [ "Foreign Affairs", "National Defense" ] }