Table 6 Effect of the annual outpatient reimbursement ratio on the expenditure of the basic medical insurance funds for a diabetes patient

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