Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Lonoke County, Arkansas

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$542,8782,618
1996$303,2082,275
1997$265,3971,655
1998$663,6031,335
1999$493,4941,510
2000$439,1731,542
2001$143,8151,463
2002$445,2691,446
2003$108,2831,257
2004$169,8611,133
2005$541,4411,063
2006$143,181995
2007$309,165943
2008$398,828937
2009$777,043945
2010$716,831895
2011$1,401,256829
2012$1,076,844827
2013$2,868,592855
2014$2,258,104890
2015$3,258,2191,005
2016$3,538,860997
2017$2,504,9501,032
2018$3,040,5481,103
1995-2018$26,408,83929,550

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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