Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Cheatham County, Tennessee

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$17,512576
1996$17,678236
1997$21,45593
1998$27,64656
1999$7,081106
2000$-6,168109
2001$-1,723104
2002$10,17794
2003$15,18588
2004$-4,59161
2005$5,39354
2006$-4,42244
2007$109,13634
2008$13,45144
2009$1,58144
2010$95,39642
2011$61,38448
2012$27,91350
2013$90,48454
2014$145,17068
2015$30,03980
2016$65,57781
2017$107,39678
2018$174,63887
1995-2018$1,027,3872,331

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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