Table 7. Two-Step Estimates of Intensity-of-Use Equation Part B Expenditures, Parameter Estimates, and Standard Errors.
Variable | Model 1 | Model 2 | Model 3 | Model 4 | ||||
---|---|---|---|---|---|---|---|---|
|
|
|
|
|||||
Mean | Standard Deviation | Mean | Standard Deviation | Mean | Standard Deviation | Mean | Standard Deviation | |
QMB enrollment | 0.431 | 0.106 | 0.360 | 0.553 | 0.501 | 0.357 | 0.721 | 0.567 |
H | — | — | 0.241 | 0.333 | -0.043 | 0.217 | -0.170 | -0.343 |
Instrument Set | — | — | Percent of Medicaid population that is elderly | Percent of Medicaid population that is elderly, and its square | Percent of Medicaid population that is elderly, and number of QMB outreach programs (0-7) |
NOTES: Other exogenous variables include those listed in Table 3. Standard errors are calculated by the procedure suggested by Greene (1981). The results for model 1 are the single-equation estimates reported in Table 3. QMB is qualified Medicare beneficiary.
SOURCE: Parente, S., and Evans, W., Project HOPE, Bethesda, MD, 1999.