Crop Insurance

Pike 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 Pike County, Ohio

Administrative and Operating Expense Reimbursements

YearAdministrative and Operating Expense ReimbursementsPolicies
1995$22,449192
1996$35,414130
1997$21,791114
1998$21,44586
1999$24,91888
2000$35,25989
2001$48,74493
2002$46,74092
2003$62,931105
2004$91,441112
2005$68,913112
2006$71,018102
2007$98,890104
2008$142,280110
2009$107,432107
2010$90,650103
2011$92,207115
2012$114,950132
2013$97,629145
2014$84,839148
2015$89,990158
2016$90,258151
2017$116,697152
2018$104,864152
1995-2018$1,781,7452,892

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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