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 Hickory County, Missouri

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$7,91662
1996$6,67464
1997$2,80462
1998$2,78045
1999$3,49240
2000$4,01148
2001$4,85645
2002$3,71438
2003$5,69336
2004$6,24137
2005$5,86938
2006$6,03440
2007$6,50538
2008$10,21540
2009$11,60544
2010$14,50746
2011$16,89051
2012$24,26960
2013$28,33876
2014$32,92697
2015$25,902106
2016$30,526110
2017$29,179114
2018$38,172109
1995-2018$366,5151,552

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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