Crop Insurance

Lincoln County, Idaho

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Lincoln County, Idaho

Indemnities

YearIndemnitiesPolicies
1995$34,713300
1996$26,957195
1997$0153
1998$9,840126
1999$3,200116
2000$73,621106
2001$238,073119
2002$867,792156
2003$500,217173
2004$579,943196
2005$463,168245
2006$281,800266
2007$71,573231
2008$248,206230
2009$883,417247
2010$294,663262
2011$10,485253
2012$192,963242
2013$1,100,796242
2014$1,382,619241
2015$1,348,695231
2016$481,289235
2017$825,722250
1995-2017$9,919,7524,815

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.

 

Farm Subsidies Education

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