Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Stonewall County, Texas

Farmer Premiums

YearFarmer PremiumsPolicies
1995$203,517437
1996$222,325414
1997$121,972405
1998$113,198385
1999$344,761512
2000$514,758644
2001$242,349670
2002$184,179658
2003$168,464621
2004$197,877592
2005$121,499558
2006$194,822521
2007$334,581596
2008$455,704575
2009$591,917536
2010$427,038536
2011$941,503567
2012$799,171617
2013$919,180628
2014$789,560643
2015$665,274651
2016$719,614636
2017$619,372605
1995-2017$9,892,63513,007

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.

 

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