Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Contra Costa County, California

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$47,79035
1996$67,07635
1997$41,51837
1998$55,27816
1999$19,30450
2000$545,66852
2001$1,214,58193
2002$246,06598
2003$32,46276
2004$57,24351
2005$737,91753
2006$61,53458
2007$46,52653
2008$11,08557
2009$-24,83961
2010$75,84258
2011$192,96362
2012$40,90463
2013$744,26564
2014$389,33668
2015$1,403,39583
2016$1,040,22684
2017$1,015,23381
2018$100,90585
1995-2018$8,162,2811,473

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