Exhibit 6. Between Model Regression Results1,2.
| Dependent Variable: Log of personal health care spending per capita, adjusted by the PCE price index to 2009 dollars | |
|---|---|
| Independent Variables | Parameter |
| Intercept | 0.814 |
| (1.26) | |
| Personal income per capita, adjusted by the PCE deflator to 2009 dollars | 0.607 |
| (0.141)** | |
| Community hospital beds per 1,000 population | 0.021 |
| (0.015) | |
| Percent of the population associated with women of childbearing age (20–44) | 0.048 |
| (0.04) | |
| Percent of the population associated with African Americans | –0.002 |
| (0.002) | |
| Percent of the population age 65 or older | 0.030 |
| (0.015)* | |
| Bad health index | 0.040 |
| (0.018)** | |
| Percent of the population that is uninsured | –0.003 |
| (0.003) | |
| HMO penetration | –0.001 |
| (0.002) | |
| Adj. R2 | 0.592 |
| N = 50 | |
| Sample: Average over 1991–2009 | |
NOTES: Numbers with
are significant at the 5% level. Numbers in with
are significant at the 10% level.
All variables (dependent and independent) are calculated as the mean of the cross-sectional value over the full regression time period (1991–2009).
Standard errors are corrected for heteroskedasticity using the White correction.
SOURCES: Centers for Medicare & Medicaid Services, Office of the Actuary; the Bureau of Economic Analysis (personal income per capita and the PCE price index); the U.S. Census Bureau; the American Hospital Association (hospital beds); and the Centers for Disease Control and Prevention Behavioral Risk Factor Surveillance System survey data (obesity and smoking rates); the Current Population Survey (uninsured rate); and InterStudy data (HMO enrollment rate).