Crop Insurance

New Hampshire

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 New Hampshire

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$27,117142
1996$36,270129
1997$34,757151
1998$33,711125
1999$33,886122
2000$38,258129
2001$61,088131
2002$69,877139
2003$85,283136
2004$83,706132
2005$79,999117
2006$66,078117
2007$78,622111
2008$84,624114
2009$54,401114
2010$69,522109
2011$54,429109
2012$67,04796
2013$63,72191
2014$83,69891
2015$89,14489
2016$81,36278
2017$64,83974
2018$78,54675
1995-2018$1,519,9872,721

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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