Crop Insurance

Ohio

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Ohio

Indemnities

YearIndemnitiesPolicies
1995$16,965,73078,868
1996$37,590,75763,008
1997$10,403,82147,393
1998$11,631,46638,814
1999$41,119,19738,091
2000$23,348,36241,911
2001$27,620,31541,846
2002$161,053,26441,172
2003$60,605,01445,855
2004$83,870,49351,005
2005$50,595,14151,172
2006$26,932,19649,559
2007$66,961,36648,522
2008$522,043,61549,190
2009$47,856,51753,963
2010$53,838,09653,971
2011$154,809,07356,904
2012$406,858,44158,132
2013$90,595,02260,714
2014$135,485,45261,164
2015$194,365,35360,907
2016$81,769,31560,472
2017$93,274,09959,345
2018$47,326,74658,325
1995-2018$2,446,918,8511,270,303

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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