Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Butler County, Alabama

Premium Subsidies

YearPremium SubsidiesPolicies
1995$43,59283
1996$41,81755
1997$22,37349
1998$27,89149
1999$31,21252
2000$25,56852
2001$99,37851
2002$76,39745
2003$86,86552
2004$90,75350
2005$71,35146
2006$75,39149
2007$84,90850
2008$97,58158
2009$113,93453
2010$134,79950
2011$231,74954
2012$204,25956
2013$182,80565
2014$141,68469
2015$164,00277
2016$186,45283
2017$193,14277
1995-2017$2,427,9031,325

METHODOLOGY: EWG obtained county level crop insurance information from USDA Risk Management Agency which shows premium subsidies, indemnities and farmer premiums at the county/crop level by crop year. Administrative and Operating Expense Reimbursements to crop insurance companies (A+O), Other program fund costs, Other administrative and operating fund costs expenses, and Government earned interest were allocated to the crop/county level by using the national expenditures/revenue of the Crop Insurance program (available here for 2008-2017 and from RMA previous to 2008) in each category and attributing them the crop/county level by total premiums. EWG was unable to attribute underwriting gains to the county/crop level. Underwriting gains (or losses) are paid to insurance companies when the insurance companies collect more in total subsidies than are paid out in indemnities. Since underwriting gains are paid by company on the basis of all of their policies, EWG was unable to allocate underwriting gains by crop or by region. The total underwriting gains for 1995-2017 is $14.6 billion.

 

Farm Subsidies Education

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