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. Author manuscript; available in PMC: 2008 Apr 30.
Published in final edited form as: J Health Econ. 2006 Nov 13;26(3):560–577. doi: 10.1016/j.jhealeco.2006.10.003

Table 3. Effects of Medicaid Policies by Income Level.

Variable Table 2, Model 1 Income <$15K Income $15K-$30K Income $30K-$50K Income $50K+
Spend-down Provision −0.0001 (0.0007) 0.00001 (0.00004) 0.0004 (0.0002) 0.0004 (0.0003) −0.0018 (0.0066)
Income test ($10,000s) −0.0005 (0.0029) −0.00001 (0.00018) 0.0020 (0.0016) 0.0004 (0.0010) 0.0013 (0.0187)
Asset test ($10,000s) −0.0014 (0.0012) 0.0002 (0.0002) 0.0011 (0.0009) 0.0001 (0.0007) 0.0097 (0.0205)
Spousal asset test ($100,000s) −0.00003 (0.0012) −0.0001 (0.0001) 0.0002 (0.0002) 0.0002 (0.0002) −0.0003 (0.0036)
Medicaid rate ($100s) −0.0002 (0.0017) −0.00001 (0.00006) 0.0003 (0.0013) 0.0001 (0.0004) −0.0061 (0.0159)
CON or Moratorium −0.0007 (0.0006) 0.00001 (0.00002) −0.0002 (0.0002) 0.00003 (0.00012) 0.0023 (0.0033)
Beds per 100 Elderly 0.0006 (0.0003) −0.0001 (0.0001) −0.00001 (0.00020) 0.0009 (0.0005) −0.0165 (0.0182)
Wald test (prob > chi2) 5.48 (0.60) 10.68 (0.15) 4.44 (0.73) 185.69 (<0.001) 4.73 (0.69)
N 23,630 8,807 3,292 1,337 1,061

Notes: All models adjust for health, age, gender, marital status, race/ethnicity, and the number of children and include state, year and year *marriage fixed effects. Estimates are generated with a probit model and marginal effects are presented with standard errors in parentheses. The Wald test includes all the policy variables in the model specification.