Crop Insurance

Pike County, Ohio

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Pike County, Ohio

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$40,142192
1996$107,112130
1997$37,030114
1998$32,01486
1999$121,08988
2000$-86,74689
2001$87,28593
2002$137,28792
2003$119,326105
2004$108,597112
2005$100,795112
2006$-41,604102
2007$-27,167104
2008$583,802110
2009$-56,940107
2010$-58,714103
2011$532,133115
2012$1,145,264132
2013$-74,652145
2014$190,148148
2015$-475158
2016$-11,735151
2017$-48,590152
2018$207,333152
1995-2018$3,142,7282,892

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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