Table 5.
Effect of the annual medical reimbursement ratio on a diabetes patient’s medical expenses
| Variable | Annual outpatient expenses | Annual inpatient expenses | Annual medical expenses | Annual out-of-pocket expenses |
|---|---|---|---|---|
| Annual outpatient reimbursement ratio | −0.022*** | −0.046*** | −0.026*** | −0.040*** |
| (− 18.28) | (− 12.53) | (− 18.16) | (− 26.32) | |
| Control variable | Y | Y | Y | Y |
| Constant | −2.136*** | −11.661*** | −2.941*** | −1.490** |
| (− 4.06) | (− 5.09) | (− 4.09) | (− 2.29) | |
| Individual fixed effects | Y | Y | Y | Y |
| Time fixed effects | Y | Y | Y | Y |
| R-squared | 0.178 | 0.061 | 0.159 | 0.226 |
| N | 5,996 | 5,996 | 5,996 | 5,996 |
| Observations | 17,988 | 17,988 | 17,988 | 17,988 |
Note: The cluster robust standard errors are used in the estimation; *** p<0.01, ** p<0.05, * p<0.1