Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

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

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$3,341,1042,579
1996$5,415,0782,574
1997$1,857,2842,364
1998$2,746,6002,290
1999$14,523,3233,924
2000$8,299,7974,615
2001$5,754,1545,223
2002$2,148,2795,117
2003$1,363,0324,829
2004$520,1124,702
2005$1,707,9594,417
2006$14,379,6354,166
2007$570,2274,217
2008$413,5573,918
2009$24,389,3933,848
2010$866,0114,097
2011$40,529,5074,013
2012$9,788,2883,865
2013$22,302,6943,794
2014$18,305,0054,383
2015$2,408,1874,222
2016$3,100,3903,812
2017$803,2753,685
2018$25,846,1013,543
1995-2018$211,378,99394,197

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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