Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities
CropIndemnities
1995-2018
Policies
Corn$144,201,10419,502
Soybeans$87,213,52921,963
Sugar Beets$33,731,7625,407
Wheat$22,336,98319,768
Sunflowers$6,332,07012,405
Dry Beans$4,199,0565,932
Barley$966,4817,811
Potatoes$791,827144
Forage Production$145,252435
Pasture, Rangeland, Forage$91,54375
Oats$76,0332,701
Miscellaneous Crops$36,70860
Apiculture$26,53916
Forage Seeding$12,130190
Flax$9,209396
Canola$5,036254
Rye$3,13042
Dry Peas$73480
1995-2018$300,179,12697,181

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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