Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Union County, Illinois

Indemnities

YearIndemnitiesPolicies
1995$408,898291
1996$69,934265
1997$19,011170
1998$240,614160
1999$212,097198
2000$106,089225
2001$306,160210
2002$399,839199
2003$356,637196
2004$108,020207
2005$158,750212
2006$299,938211
2007$1,429,014207
2008$1,491,234223
2009$1,370,612259
2010$1,886,890269
2011$3,935,820290
2012$4,157,518286
2013$2,206,301339
2014$1,806,860343
2015$2,783,027357
2016$2,056,464358
2017$1,396,964332
1995-2017$27,206,6915,807

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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