Table 6.

Effect of the annual outpatient reimbursement ratio on the expenditure of the basic medical insurance funds for a diabetes patient

Variable	Annual expenditure of the basic medical insurance fund on outpatient services	Annual expenditure of the basic medical insurance fund on inpatient services	Annual expenditure of the basic medical insurance fund on healthcare services
Annual outpatient reimbursement ratio	0.011***	−0.044***	−0.002
	(8.41)	(− 12.50)	(− 1.14)
Control variable	Y	Y	Y
Constant	−5.538***	−11.139***	−6.009***
	(− 10.05)	(− 5.09)	(− 6.83)
Individual fixed effects	Y	Y	Y
Time fixed effects	Y	Y	Y
R-squared	0.211	0.061	0.127
N	5,996	5,996	5,996
Observations	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