Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Butler County, Alabama

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$38,30483
1996$-20,83055
1997$66,14949
1998$48,98649
1999$-2,03552
2000$175,10752
2001$156,66751
2002$473,29245
2003$144,18752
2004$167,58150
2005$55,15246
2006$303,24149
2007$315,99450
2008$248,89758
2009$169,51353
2010$107,53450
2011$503,35654
2012$16,11056
2013$-9,54265
2014$7,73669
2015$28,50477
2016$119,47783
2017$51,62677
2018$169,21970
1995-2018$3,334,2241,395

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 1995-2018 is $14.6 billion.

 

Farm Subsidies Education

AgMag