Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Modoc County, California

Premium Subsidies

YearPremium SubsidiesPolicies
1995$174,244258
1996$135,303147
1997$41,28793
1998$52,37243
1999$157,29997
2000$130,089101
2001$192,235102
2002$247,476137
2003$503,214156
2004$520,495149
2005$577,891139
2006$617,082152
2007$708,751151
2008$768,259146
2009$1,332,666183
2010$1,139,748193
2011$1,496,535211
2012$1,261,816215
2013$1,531,141232
2014$1,961,934247
2015$1,948,825274
2016$1,978,133275
2017$2,000,264274
2018$2,133,515229
1995-2018$21,610,5744,204

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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