Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Pittsburg County, Oklahoma

Indemnities

YearIndemnitiesPolicies
1995$75,52381
1996$20,83281
1997$36,42959
1998$162,03840
1999$100,60956
2000$139,42753
2001$42,40135
2002$12,91131
2003$1,19321
2004$1,86020
2005$3,38318
2006$25,39617
2007$34,93115
2008$4,68215
2009$52,23412
2010$90613
2011$423,57811
2012$134,25614
2013$149,19816
2014$016
2015$00
2016$00
2017$39,7609
1995-2017$1,461,547633

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 1995-2017 is $14.6 billion.

 

Farm Subsidies Education

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