Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Crawford County, Indiana

Farmer Premiums

YearFarmer PremiumsPolicies
1995$3,27279
1996$6,54546
1997$15,90820
1998$19,91722
1999$23,60724
2000$40,72831
2001$22,90531
2002$24,82126
2003$51,05535
2004$64,07340
2005$60,85934
2006$69,64033
2007$101,53146
2008$207,48857
2009$127,81052
2010$140,18956
2011$183,45355
2012$263,27262
2013$230,13885
2014$216,18993
2015$175,40895
2016$190,185101
2017$155,856104
1995-2017$2,394,8491,227

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.

 

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