Crop Insurance

Lane County, Kansas

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Lane County, Kansas

Indemnities

YearIndemnitiesPolicies
1995$1,163,8611,685
1996$4,585,5201,854
1997$64,5671,656
1998$52,9251,560
1999$599,8061,557
2000$630,8521,733
2001$3,323,4441,796
2002$5,421,2131,824
2003$4,097,9582,089
2004$7,905,1692,212
2005$2,486,5892,306
2006$5,298,0242,332
2007$601,0212,409
2008$6,669,1532,362
2009$1,218,4702,390
2010$587,8502,406
2011$20,175,2612,430
2012$17,594,1672,463
2013$12,279,8332,518
2014$4,390,2602,556
2015$3,344,5882,609
2016$302,6532,494
2017$2,026,0712,481
2018$3,526,3902,423
1995-2018$109,375,04854,539

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.

 

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