Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Ozaukee County, Wisconsin

Farmer Premiums

YearFarmer PremiumsPolicies
1995$66,090538
1996$73,585468
1997$55,048293
1998$77,628207
1999$92,107191
2000$124,678190
2001$94,238184
2002$89,822189
2003$109,097177
2004$143,555182
2005$159,039208
2006$172,098224
2007$265,535234
2008$421,202243
2009$335,391269
2010$258,321272
2011$346,032287
2012$280,223293
2013$293,718306
2014$301,719313
2015$277,832307
2016$247,307301
2017$291,129297
1995-2017$4,575,3946,173

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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