Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in McIntosh County, Oklahoma

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$66,555101
1996$2,82864
1997$-1,13269
1998$79,67244
1999$109,34588
2000$151,86993
2001$59,63689
2002$6,12990
2003$24,11075
2004$-2,12253
2005$10,90334
2006$41,67431
2007$101,14225
2008$8,57127
2009$2,32421
2010$14,36019
2011$221,74414
2012$255,60817
2013$-52,94627
2014$105,34727
2015$182,20036
2016$87,00833
2017$20,00929
2018$3,65626
1995-2018$1,533,8071,159

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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