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 Webster County, Kentucky

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$102,5841,135
1996$61,546673
1997$19,594298
1998$33,118221
1999$55,709348
2000$71,998437
2001$108,608407
2002$110,505394
2003$128,367332
2004$171,474321
2005$164,586309
2006$181,152295
2007$301,422285
2008$473,402319
2009$397,689345
2010$379,140348
2011$449,441405
2012$406,193421
2013$386,261486
2014$399,276511
2015$432,976524
2016$467,306520
2017$470,928534
1995-2017$5,773,2719,868

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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