Crop Insurance

Pope County, Illinois

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Pope County, Illinois

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$127,291213
1996$135,187183
1997$132,536106
1998$99,438123
1999$76,929143
2000$-18,103188
2001$18,776196
2002$182,359167
2003$190,935170
2004$59,680179
2005$19,228184
2006$42,508182
2007$149,670183
2008$122,979187
2009$293,634161
2010$385,909152
2011$129,186164
2012$1,373,489190
2013$117,714214
2014$241,577220
2015$381,978220
2016$412,310221
2017$197,840230
2018$314,878214
1995-2018$5,187,9304,390

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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