Crop Insurance

Utah

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2018
Policies
Wheat$5,159,9788,352
Miscellaneous Crops$4,471,8914,183
Pasture, Rangeland, Forage$2,410,541454
Apples$1,322,158537
Forage Production$693,4012,388
Corn$412,5391,849
Safflower$350,1802,989
Onions$304,311324
Cherries$212,799121
Barley$193,9473,335
Whole Farm Revenue Protection$161,32024
Dry Beans$143,0931,106
Fresh Freestone Peaches$133,310116
Peaches$55,07023
Apiculture$23,6298
Oats$8,863550
Sunflowers$2,7925
Processing Beans$023
Nursery (container)$011
1995-2018$16,059,82326,398

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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