Table 5 Effect of the annual medical reimbursement ratio on a diabetes patient’s medical 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