Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Ozaukee County, Wisconsin

Indemnities

YearIndemnitiesPolicies
1995$27,255538
1996$406,078468
1997$22,760293
1998$17,038207
1999$113,862191
2000$157,250190
2001$296,346184
2002$54,073189
2003$236,375177
2004$1,446,387182
2005$36,758208
2006$92,894224
2007$46,031234
2008$828,175243
2009$370,571269
2010$102,971272
2011$183,074287
2012$918,468293
2013$1,170,351306
2014$1,317,467313
2015$90,283307
2016$89,443301
2017$379,413297
1995-2017$8,403,3236,173

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.

 

Farm Subsidies Education

AgMag