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 Cherokee County, Kansas

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$161,2871,598
1996$193,1291,490
1997$138,828857
1998$133,269752
1999$121,436802
2000$157,018915
2001$264,5941,162
2002$271,2971,214
2003$323,9001,193
2004$433,5601,179
2005$402,9181,172
2006$481,3141,155
2007$709,5781,152
2008$1,331,6161,279
2009$1,074,5791,351
2010$889,4811,381
2011$834,1751,400
2012$917,6791,590
2013$1,043,2841,790
2014$1,021,6321,808
2015$1,099,3961,811
2016$1,099,7651,812
2017$1,025,9081,799
2018$1,005,4491,814
1995-2018$16,192,81334,300

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

AgMag