Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Pepin County, Wisconsin

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$35,118584
1996$13,309467
1997$-760246
1998$39,238233
1999$-50,410236
2000$-50,659267
2001$196,592245
2002$-15,310251
2003$695,063251
2004$137,507255
2005$77,812263
2006$616,635271
2007$864,394260
2008$915,446269
2009$7,480290
2010$-148,223282
2011$-325,779282
2012$983,803299
2013$3,308,239318
2014$1,431,018334
2015$-197,222351
2016$-130,680335
2017$-46,069321
1995-2017$8,356,5426,910

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

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