Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2018
Policies
Corn$6,821,4756,273
Soybeans$5,202,8686,324
Wheat$3,306,2554,018
Dark Air Tobacco$342,8752,356
Burley Tobacco$232,5832,011
Fire Cured Tobacco$110,3531,094
Miscellaneous Crops$81,47241
Barley$77,246817
Whole Farm Revenue Protection$58,3136
Pasture, Rangeland, Forage$51,12664
GRP Soybeans$44,39190
Tobacco$39,1991,913
Canola$38,20552
Grain Sorghum$425116
1995-2018$16,406,78625,175

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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