Crop Insurance

Fulton County, 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 Fulton County, Ohio

Indemnities

YearIndemnitiesPolicies
1995$29,4681,137
1996$24,212615
1997$17,675266
1998$3,226204
1999$17,682180
2000$198,392204
2001$388,856228
2002$1,261,625268
2003$354,457455
2004$980,744458
2005$121,134488
2006$93,732479
2007$343,762452
2008$7,219,609472
2009$1,718,266620
2010$476,851641
2011$1,187,622747
2012$8,390,765786
2013$854,758906
2014$4,401,468906
2015$2,140,157905
2016$388,553906
2017$799,546900
2018$1,250,529899
1995-2018$52,318,58315,040

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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