Crop Insurance

New Jersey

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements by County in New Jersey

Administrative and Operating Expense Reimbursements
CountyAdministrative and Operating Expense Reimbursements
1995-2018
Policies
Salem County, New Jersey$3,644,2697,188
Cumberland County, New Jersey$3,249,4543,588
Burlington County, New Jersey$2,687,2934,653
Gloucester County, New Jersey$2,074,2233,358
Atlantic County, New Jersey$1,864,6511,558
Warren County, New Jersey$1,693,2253,768
Hunterdon County, New Jersey$1,143,5463,495
Mercer County, New Jersey$495,0541,428
Middlesex County, New Jersey$421,366920
Monmouth County, New Jersey$385,4481,394
Camden County, New Jersey$358,266492
Somerset County, New Jersey$301,5641,084
Sussex County, New Jersey$253,392860
Unknown county in New Jersey$146,881182
Morris County, New Jersey$140,170329
Cape May County, New Jersey$67,81668
Ocean County, New Jersey$62,083359
1995-2018$18,988,70334,724

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.

 

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