Crop Insurance

Fulton County, Ohio

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 Fulton County, Ohio

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$81,5301,137
1996$46,980615
1997$41,554266
1998$40,385204
1999$36,701180
2000$66,582204
2001$83,222228
2002$133,839268
2003$260,589455
2004$357,559458
2005$434,809488
2006$451,729479
2007$643,889452
2008$820,228472
2009$835,436620
2010$628,373641
2011$712,526747
2012$623,525786
2013$643,106906
2014$562,449906
2015$609,435905
2016$570,181906
2017$640,241900
2018$635,378899
1995-2018$10,613,49415,040

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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