Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Crawford County, Indiana

Premium Subsidies

YearPremium SubsidiesPolicies
1995$10,64479
1996$6,61146
1997$12,42720
1998$12,39822
1999$11,52924
2000$14,96231
2001$34,28131
2002$36,42726
2003$67,27535
2004$91,12040
2005$84,01334
2006$96,90133
2007$124,49246
2008$254,66457
2009$193,91152
2010$190,80956
2011$308,04455
2012$297,82662
2013$283,82585
2014$252,47393
2015$228,05395
2016$225,981101
2017$221,469104
1995-2017$3,060,1351,227

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.

 

Farm Subsidies Education

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