Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements Paid to Insurance Companies by the Crop Insurance Program in Pulaski County, Indiana

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$191,8141,476
1996$245,2411,441
1997$216,521907
1998$255,243902
1999$287,855900
2000$442,0721,002
2001$406,932978
2002$399,467902
2003$436,703896
2004$513,978874
2005$485,103834
2006$604,584834
2007$942,922806
2008$1,361,221798
2009$961,918792
2010$773,116784
2011$846,400822
2012$829,309813
2013$767,686871
2014$693,866847
2015$730,762835
2016$736,772860
2017$790,997847
2018$800,660868
1995-2018$14,721,14721,889

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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