Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) by County in Gloucester County, New Jersey

Total Costs (see methodology)
CountyTotal Costs (see methodology)
1995-2018
Policies
Salem County, New Jersey$9,082,5816,861
Burlington County, New Jersey$9,050,7204,472
Gloucester County, New Jersey$8,829,7513,211
Cumberland County, New Jersey$6,390,2503,427
Atlantic County, New Jersey$3,776,1841,477
Camden County, New Jersey$3,199,169463
Hunterdon County, New Jersey$3,134,1183,379
Somerset County, New Jersey$2,246,2891,058
Warren County, New Jersey$1,544,6273,602
Monmouth County, New Jersey$1,404,7061,351
Mercer County, New Jersey$1,045,8021,371
Middlesex County, New Jersey$899,714884
Sussex County, New Jersey$853,923827
Morris County, New Jersey$190,063308
Unknown county in New Jersey$160,482166
Ocean County, New Jersey$143,089346
Cape May County, New Jersey$106,36168
1995-2018$8,829,7513,211

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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