Crop Insurance

Ohio

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies
CropPremium Subsidies
1995-2018
Policies
Corn$1,112,658,958491,226
Soybeans$1,029,431,946487,633
Wheat$84,700,329242,384
Miscellaneous Crops$35,616,74912,606
Popcorn$5,545,3114,660
Burley Tobacco$4,805,77414,742
Tomatoes$4,320,6511,324
Apples$2,310,198377
Tobacco$614,4776,445
Pasture, Rangeland, Forage$584,444243
Nursery (FG&C)$355,9698
Grapes$292,190457
Cabbage$287,839200
Fresh Market Tomatoes$281,3229
Sugar Beets$250,6181,091
Whole Farm Revenue Protection$242,84318
Oats$204,4905,242
GRP Soybeans$151,825644
GRP Corn$125,537653
Potatoes$62,10817
Hybrid Corn Seed$29,18693
Barley$43216
Nursery (container)$0215
1995-2018$2,282,873,1961,270,303

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.

 

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