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Table 3 Results of the balance test after PSM

From: The effect of long-term care insurance on healthcare utilization of middle-aged and older adults: evidence from China health and retirement longitudinal study

Variable

Matched Mean

%bias

%reduct |bias|

t-test

Treated

Control

T

p >|t|

Gender

0.4947

0.48941

1.1

65.1

0.27

0.785

Age

61.664

61.43

2.4

38.2

0.62

0.537

Marital

0.89032

0.88918

0.3

96.6

0.09

0.926

Retire

0.36309

0.37557

-2.6

67.7

-0.66

0.506

Education

1.969

2.0079

-3.7

17.2

-0.94

0.345

Live

0.2829

0.25605

5.8

92.5

1.56

0.120

Care

0.72617

0.72504

0.3

92.5

0.07

0.948

Barthel

1.5832

1.5923

-1.6

81.8

-0.43

0.668

_Iarea_2

0.3177

0.30219

3.4

44.6

0.86

0.389

_Iarea_3

0.25416

0.26853

-3.2

83.0

-0.84

0.401

Asset

2.7405

2.7156

2.3

91.2

0.60

0.550

Selfhealth

2.8427

2.8279

1.6

86.7

0.40

0.687

Chronic

1.9425

1.9497

-0.4

78.4

-0.10

0.918

Smoke

0.31467

0.30522

2.1

75.3

0.53

0.599

Drink

0.74357

0.7171

5.7

79.3

1.53

0.125