Crop Insurance

Pike County, Ohio

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Pike County, Ohio

Premium Subsidies

YearPremium SubsidiesPolicies
1995$50,648192
1996$68,990130
1997$51,684114
1998$42,44686
1999$41,65288
2000$41,97389
2001$124,72593
2002$119,17792
2003$159,461105
2004$232,810112
2005$184,045112
2006$188,527102
2007$276,095104
2008$388,837110
2009$356,713107
2010$317,172103
2011$513,004115
2012$587,241132
2013$519,421145
2014$410,627148
2015$387,641158
2016$401,716151
2017$510,304152
2018$463,763152
1995-2018$6,438,6722,892

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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