Crop Insurance

Lincoln County, Idaho

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Lincoln County, Idaho

Premium Subsidies

YearPremium SubsidiesPolicies
1995$92,190300
1996$57,548195
1997$63,407153
1998$48,383126
1999$89,855116
2000$108,511106
2001$219,026119
2002$261,172156
2003$287,817173
2004$427,227196
2005$289,632245
2006$212,510266
2007$245,395231
2008$288,853230
2009$469,886247
2010$351,874262
2011$505,283253
2012$422,318242
2013$495,517242
2014$402,582241
2015$362,598231
2016$452,275235
2017$296,652250
1995-2017$6,450,5114,815

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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