Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

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

Indemnities

YearIndemnitiesPolicies
1995$16,298150
1996$85,255144
1997$158,239130
1998$71,167132
1999$9,373126
2000$16,416126
2001$74,015106
2002$224,480104
2003$68,398118
2004$188,864120
2005$182,973181
2006$743,358180
2007$461,700163
2008$179,362166
2009$1,016,207154
2010$546,807161
2011$818,513162
2012$260,672167
2013$238,771176
2014$52,366171
2015$147,800168
2016$196,693154
2017$42,260137
1995-2017$5,799,9873,396

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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