Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Washington County, Wisconsin

Farmer Premiums

YearFarmer PremiumsPolicies
1995$69,550777
1996$102,730666
1997$83,467356
1998$122,146245
1999$180,520218
2000$221,511251
2001$152,406242
2002$157,317239
2003$186,996245
2004$257,802254
2005$274,562293
2006$296,695323
2007$506,819337
2008$756,827356
2009$521,786366
2010$485,992386
2011$693,197421
2012$566,743442
2013$633,862481
2014$566,910467
2015$532,717461
2016$480,727445
2017$534,677429
2018$472,181412
1995-2018$9,318,1159,518

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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