Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Treasure County, Montana

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$-19,375150
1996$40,908144
1997$102,302130
1998$26,960132
1999$-90,303126
2000$-67,379126
2001$45,052106
2002$195,227104
2003$27,852118
2004$142,177120
2005$91,477181
2006$650,839180
2007$349,713163
2008$17,292166
2009$834,300154
2010$425,438161
2011$555,421162
2012$-17,418167
2013$-30,026176
2014$-133,902171
2015$-6,726168
2016$22,165154
2017$-109,840137
1995-2017$3,052,1543,396

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

AgMag