Crop Insurance

Utah

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies
CropPremium Subsidies
1995-2018
Policies
Wheat$20,152,4138,352
Miscellaneous Crops$17,472,9854,183
Pasture, Rangeland, Forage$8,314,566454
Apples$3,358,036537
Forage Production$3,335,1882,388
Corn$1,757,0541,849
Safflower$1,344,8942,989
Onions$1,078,510324
Whole Farm Revenue Protection$820,00024
Cherries$813,671121
Barley$793,1313,335
Fresh Freestone Peaches$515,206116
Dry Beans$424,2151,106
Peaches$146,92323
Apiculture$77,7208
Oats$30,758550
Sunflowers$14,4705
Processing Beans$023
Nursery (container)$011
1995-2018$60,449,74026,398

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.

 

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