Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Meagher County, Montana

Indemnities

YearIndemnitiesPolicies
1995$9,09681
1996$46,14677
1997$17,50168
1998$14,99473
1999$23,52569
2000$108,27467
2001$126,14959
2002$152,06192
2003$402,26295
2004$84,302101
2005$38,293116
2006$235,405105
2007$421,39296
2008$312,03190
2009$401,26078
2010$235,59375
2011$271,05173
2012$410,83866
2013$149,25374
2014$62,48470
2015$93,46554
2016$169,19953
2017$165,20553
2018$164,86054
1995-2018$4,114,6391,839

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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