Crop Insurance

Illinois

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2017
Policies
Corn$1,135,423,6441,530,164
Soybeans$499,971,7151,458,970
Wheat$37,705,362304,349
Hybrid Corn Seed$19,575,32145,429
Miscellaneous Crops$6,356,3426,112
Grain Sorghum$2,672,61280,551
Popcorn$1,345,8817,801
Nursery (FG&C)$1,101,266442
Peaches$725,400577
Sweet Corn$613,4073,993
Pumpkins$408,2541,667
Green Peas$401,0533,167
Apples$376,231354
Forage Production$349,8981,922
Income Protection Corn$304,2971,016
Processing Beans$263,6711,895
Whole Farm Revenue Protection$182,69748
GRP Corn$133,425248
Rice$116,69066
Pasture, Rangeland, Forage$88,769138
GRP Soybeans$64,247342
Oats$41,4404,257
Adjusted Gross Revenue-lite$19,9358
Burley Tobacco$14,6544
Canola$4,7468
Nursery (container)$2,8005
Barley$1,31213
1995-2017$1,708,265,0693,453,546

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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