Crop Insurance

Madison County, Idaho

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements Paid to Insurance Companies by the Crop Insurance Program in Madison County, Idaho

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$140,698517
1996$121,027197
1997$120,610195
1998$94,221107
1999$180,482179
2000$139,941194
2001$324,592201
2002$225,991266
2003$230,246259
2004$254,111316
2005$268,770329
2006$287,642343
2007$261,163358
2008$374,940358
2009$461,615359
2010$285,970365
2011$192,192348
2012$168,806345
2013$169,214341
2014$198,656324
2015$216,269324
2016$307,987318
2017$240,429286
2018$229,504266
1995-2018$5,495,0777,095

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.

 

Farm Subsidies Education

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