Crop Insurance

Missouri

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Missouri

Indemnities

YearIndemnitiesPolicies
1995$56,202,669102,205
1996$26,657,01492,852
1997$10,481,77277,181
1998$28,655,08069,625
1999$65,407,25869,984
2000$25,152,15181,606
2001$48,666,76076,713
2002$81,603,68276,173
2003$106,216,51473,804
2004$23,515,15578,312
2005$75,692,39676,155
2006$27,453,98774,777
2007$85,985,08873,498
2008$327,569,47474,913
2009$106,503,23477,312
2010$254,831,95376,322
2011$449,359,90578,201
2012$1,160,764,14181,833
2013$434,661,78689,692
2014$103,935,55991,504
2015$525,497,06392,680
2016$79,987,60293,602
2017$118,440,37192,929
2018$265,505,28192,621
1995-2018$4,951,092,5672,056,675

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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