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 Jefferson County, Illinois

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$118,0581,517
1996$158,1151,448
1997$143,7141,047
1998$134,6561,042
1999$157,8791,083
2000$199,7491,211
2001$220,2051,164
2002$210,8401,082
2003$280,5241,152
2004$398,5161,238
2005$362,7781,229
2006$386,9851,240
2007$556,9671,212
2008$1,020,9091,299
2009$774,7571,369
2010$716,4881,393
2011$689,4071,460
2012$723,8961,478
2013$861,8911,677
2014$910,9771,718
2015$1,040,8601,833
2016$962,0741,885
2017$946,2491,887
2018$927,5201,919
1995-2018$12,904,01033,583

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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