Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Montgomery County, Pennsylvania

Indemnities

YearIndemnitiesPolicies
1995$23,89072
1996$072
1997$28365
1998$11531
1999$215,87640
2000$28,084185
2001$103,008191
2002$742,159185
2003$495,234196
2004$94,700214
2005$128,548174
2006$154,311155
2007$221,155149
2008$371,382147
2009$199,142128
2010$253,489110
2011$411,216108
2012$162,059112
2013$142,773109
2014$60,854117
2015$36,789109
2016$276,730105
2017$40,135108
2018$176,930108
1995-2018$4,338,8622,990

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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