Crop Insurance

Lincoln County, Idaho

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Lincoln County, Idaho

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$52,570300
1996$28,375195
1997$10,482153
1998$13,377126
1999$-91,745116
2000$-89,466106
2001$168,908119
2002$778,962156
2003$408,815173
2004$436,192196
2005$395,466245
2006$240,854266
2007$34,302231
2008$184,014230
2009$684,340247
2010$175,111262
2011$-216,422253
2012$34,088242
2013$855,455242
2014$1,155,805241
2015$1,133,211231
2016$329,442235
2017$691,035250
2018$29,803246
1995-2018$7,442,9755,061

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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