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 Renville County, Minnesota

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$1,060,2624,053
1996$1,304,0253,887
1997$1,344,0983,793
1998$1,348,0053,785
1999$1,352,0403,705
2000$1,547,1023,804
2001$1,711,9093,778
2002$1,746,4183,673
2003$1,979,9983,644
2004$2,471,4893,653
2005$2,196,2533,637
2006$2,321,0313,583
2007$3,558,0293,635
2008$5,262,1203,680
2009$3,472,7653,727
2010$2,886,8453,684
2011$2,901,4503,692
2012$3,499,4823,624
2013$2,961,6173,630
2014$2,736,8253,648
2015$2,668,1233,696
2016$2,561,3393,572
2017$2,831,0713,544
1995-2017$55,722,29385,127

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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