Crop Insurance

Illinois

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 Illinois

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$19,830,481221,359
1996$25,919,650189,658
1997$22,238,767146,014
1998$23,309,944140,253
1999$27,138,046142,609
2000$34,724,072151,408
2001$37,219,230144,086
2002$36,951,469137,311
2003$44,133,499135,596
2004$58,113,199133,515
2005$58,486,146135,195
2006$88,014,279139,325
2007$126,250,422134,808
2008$177,328,647136,207
2009$127,029,602140,636
2010$102,455,981139,655
2011$107,285,533142,362
2012$98,094,127143,833
2013$95,369,509159,260
2014$94,950,259160,960
2015$101,471,741161,690
2016$98,957,645159,684
2017$102,992,871158,122
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.

 

Farm Subsidies Education

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