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 Morton County, North Dakota

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$320,2962,602
1996$391,3962,275
1997$394,7371,889
1998$375,8601,895
1999$433,7851,945
2000$407,6232,103
2001$457,6832,042
2002$492,5342,023
2003$751,7652,182
2004$887,1442,621
2005$872,4482,740
2006$1,012,5532,695
2007$1,394,0022,818
2008$3,124,7642,839
2009$1,719,7453,106
2010$1,588,0563,085
2011$1,739,0283,151
2012$1,870,4623,230
2013$2,033,5603,330
2014$1,879,7893,415
2015$1,849,7243,327
2016$1,927,2733,329
2017$1,906,4063,262
2018$2,134,1173,347
1995-2018$29,964,74965,251

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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