Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Hempstead County, Arkansas

Indemnities

YearIndemnitiesPolicies
1995$5,28825
1996$022
1997$43512
1998$1,3064
1999$1,1096
2000$3,98111
2001$2,0659
2002$2,7067
2003$07
2004$3,8715
2005$00
2006$00
2007$00
2008$05
2009$00
2010$00
2011$00
2012$00
2013$00
2014$03
2015$4,1504
2016$20,95114
2017$44,87614
2018$42,61417
1995-2018$214,665185

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

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