Crop Insurance

Pope County, Illinois

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Pope County, Illinois

Premium Subsidies

YearPremium SubsidiesPolicies
1995$75,644213
1996$89,357183
1997$76,186106
1998$57,921123
1999$54,469143
2000$69,626188
2001$103,812196
2002$95,209167
2003$112,790170
2004$164,931179
2005$142,047184
2006$160,043182
2007$247,343183
2008$341,410187
2009$367,815161
2010$349,982152
2011$540,939164
2012$540,660190
2013$669,080214
2014$666,935220
2015$723,747220
2016$694,739221
2017$681,985230
2018$575,878214
1995-2018$7,602,5484,390

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.

 

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