Crop Insurance

Lincoln County, Idaho

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Lincoln County, Idaho

Farmer Premiums

YearFarmer PremiumsPolicies
1995$14,845300
1996$20,638195
1997$10,241153
1998$13,427126
1999$105,335116
2000$185,660106
2001$152,159119
2002$196,237156
2003$209,915173
2004$319,444196
2005$176,688245
2006$115,511266
2007$114,908231
2008$160,071230
2009$347,008247
2010$223,557262
2011$320,973253
2012$242,955242
2013$346,119242
2014$327,233241
2015$314,966231
2016$262,771235
2017$220,085250
1995-2017$4,400,7464,815

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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