Table 1.
Descriptive Statistics for CDHP and Traditional Plans Included in Sample
CDHP | Traditional | |
---|---|---|
Number of plans1 | 1,953 | 7,424 |
Number of enrollees | 245,176 | 1,907,973 |
Number of claims | 631,434 | 5,640,554 |
Average number of enrollees per plan-MSA | 15,545*** | 35,770 |
Age of enrollee | 30*** | 32 |
Male | 56%*** | 54% |
Median household income | $56,817** | $52,471 |
% Unemployed | 4.1%*** | 4.7% |
% College degree | 32%*** | 27% |
% High school degree | 55%*** | 57% |
% Hispanic | 7.2%*** | 7.1% |
% Black | 7.5%*** | 9.9% |
% White | 80%*** | 78% |
Average number of enrollees | 15,545*** | 35,770 |
p<.05;
p<.01;
p<.001
Plans are defined as unique by plan and MSA
Note: T-tests are used to test for significant differences