Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Missaukee County, Michigan

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$17,715147
1996$40,751105
1997$16,69988
1998$66,89775
1999$-79196
2000$5,034103
2001$268,811104
2002$7,301108
2003$16,229135
2004$298,068135
2005$8,097137
2006$28,048134
2007$479,791129
2008$297,503138
2009$843,058134
2010$-9,544130
2011$-144,711137
2012$73,829131
2013$1,115,942129
2014$703,149127
2015$2,864112
2016$132,843116
2017$-24,003102
2018$388,11291
1995-2018$4,631,6982,843

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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