Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Cheatham County, Tennessee

Indemnities

YearIndemnitiesPolicies
1995$14,598576
1996$17,897236
1997$21,49293
1998$29,51356
1999$12,418106
2000$4,147109
2001$821104
2002$13,87194
2003$19,37688
2004$061
2005$10,82354
2006$044
2007$118,00934
2008$31,22944
2009$16,36044
2010$115,29842
2011$107,18348
2012$56,52350
2013$126,74054
2014$180,57368
2015$75,34380
2016$104,23381
2017$160,32878
2018$246,40087
1995-2018$1,483,1752,331

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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