Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies by County in Taos County, New Mexico

Premium Subsidies
CountyPremium Subsidies
1995-2018
Policies
Curry County, New Mexico$71,346,50331,630
Roosevelt County, New Mexico$44,299,09324,576
Quay County, New Mexico$38,495,57410,105
Lea County, New Mexico$27,810,6067,202
Dona Ana County, New Mexico$25,551,2877,193
Union County, New Mexico$20,248,6063,881
Chaves County, New Mexico$14,188,1612,257
San Juan County, New Mexico$12,535,960114
Eddy County, New Mexico$11,272,2782,001
Luna County, New Mexico$8,764,8382,359
Unknown county in New Mexico$8,721,336382
Otero County, New Mexico$5,047,522250
Hidalgo County, New Mexico$3,434,745796
McKinley County, New Mexico$2,732,93122
Catron County, New Mexico$2,693,54265
Lincoln County, New Mexico$2,685,025130
DeBaca County, New Mexico$2,593,246114
San Miguel County, New Mexico$2,589,510101
Guadalupe County, New Mexico$2,371,31490
Torrance County, New Mexico$2,099,900531
Cibola County, New Mexico$1,922,85028
Grant County, New Mexico$1,859,817100
Harding County, New Mexico$1,681,007163
Colfax County, New Mexico$1,566,002161
Socorro County, New Mexico$1,176,48481
Sierra County, New Mexico$769,79882
Santa Fe County, New Mexico$722,320119
Rio Arriba County, New Mexico$340,718132
Mora County, New Mexico$148,22115
Valencia County, New Mexico$65,40819
1995-2018$00

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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