Environmental Working Group Analysis: In the Mississippi River Region, the Climate Crisis Helped Run Up a $39.5B Taxpayer Bill for Crop Insurance Premiums
Crop insurance premium subsidies in the
Total premium subsidies increased during that 20-year period by almost 260 percent - from
"The federal Crop Insurance Program must be reformed to encourage farmers to adapt to a rapidly changing climate before costs spiral even more out of control," said
EWG's report spotlights the
In the 20-year period analyzed by EWG,
EWG's report explains the many ways the
Taxpayers fund about 60 percent of crop insurance premiums - and foot some of the bill for indemnities to insured farmers when losses cost more than premiums.
As previous EWG research has shown,
The new report builds on prior EWG studies finding that crop insurance indemnity payments to farmers in the MRCCA totaled over
"As the
Report link: https://www.ewg.org/research/reforms-federal-crop-insurance-program-can-help-farmers-adapt-climate-crisis-and-cut
Labor Secretary Walsh, HHS Secretary Becerra Host Health Insurance, Business Leaders to Discuss Mental Health, Substance Use Disorder Parity
Crop Agricultural Insurance Market to See Major Growth by 2028 : Chubb, ICICI Lombard, PICC
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