Crop Insurance

Wasco County, Oregon

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Wasco County, Oregon

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$-20,058234
1996$-6,010192
1997$81,264184
1998$7,195183
1999$136,654269
2000$1,107,122288
2001$4,102,205310
2002$4,443,661324
2003$2,581,206324
2004$793,235330
2005$1,300,282328
2006$622,249325
2007$1,277,576311
2008$1,878,367316
2009$7,493,514284
2010$467,716300
2011$414,813313
2012$583,289325
2013$2,561,316316
2014$1,170,571314
2015$3,395,738320
2016$930,089324
2017$2,082,127314
1995-2017$37,404,1246,728

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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