Crop Insurance

Pope County, 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 Pope County, Illinois

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$24,104213
1996$36,030183
1997$34,748106
1998$22,818123
1999$21,608143
2000$31,245188
2001$30,933196
2002$29,523167
2003$36,807170
2004$53,768179
2005$44,450184
2006$49,954182
2007$73,204183
2008$106,338187
2009$90,777161
2010$82,084152
2011$83,445164
2012$89,690190
2013$107,364214
2014$122,742220
2015$142,377220
2016$144,775221
2017$135,676230
2018$120,883214
1995-2018$1,715,3394,390

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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