Crop Insurance

Hawaii

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Hawaii

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$121,388182
1996$-15,400161
1997$-22,205136
1998$-125,49773
1999$-151,096127
2000$253,370131
2001$1,411,216128
2002$592,669128
2003$1,005,965131
2004$510,259132
2005$312,564140
2006$41,946141
2007$-209,022190
2008$1,549,554197
2009$489,442197
2010$753,106190
2011$2,293,016210
2012$442,181180
2013$106,998132
2014$1,418,942174
2015$288,791201
2016$710,507207
2017$656,518184
1995-2017$12,435,2133,672

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.

 

Farm Subsidies Education

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