Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology)
CropTotal Costs (see methodology)
1995-2018
Policies
Flue Cured Tobacco$13,508,1891,400
Cotton$11,100,4892,782
Blueberries$3,547,069288
Peanuts$1,799,1801,665
Corn$1,437,7942,927
Miscellaneous Crops$624,855106
Pecans$570,608587
Soybeans$471,7162,178
Tobacco$444,163228
Wheat$441,695513
Onions$167,25520
Pasture, Rangeland, Forage$22,46028
Oats$7,11868
Grain Sorghum$3,864191
1995-2018$34,146,45512,981

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.

 

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