Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies
CropPremium Subsidies
1995-2017
Policies
Cotton$9,496,6852,659
Flue Cured Tobacco$2,962,5641,372
Peanuts$2,484,1881,556
Blueberries$1,274,794248
Corn$1,226,7672,811
Soybeans$568,9522,070
Miscellaneous Crops$259,275105
Pecans$233,442556
Wheat$220,849477
Tobacco$147,038228
Pasture, Rangeland, Forage$25,12323
Onions$18,12420
Grain Sorghum$3,122162
Oats$60763
1995-2017$18,921,53012,350

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 1995-2017 is $14.6 billion.

 

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