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Table 7 The mediation analysis of URRBMI on family financial support

From: The impact of medical insurance on family financial support: evidence from CHARLS in China

 

Medical expensesOut-of-pocket ratio

Ln (Supportp–c)

Ln (Supportp–c)

Ln (Health expenses)

Ln (Supportc-p)

Ln (Supportc-p)

(1)

(2)

(3)

(4)

(5)

(6)

URRBMI

-0.030*** (0.003)

0.187*** (0.070)

0.177** (0.070)

0.306*** (0.053)

0.518*** (0.074)

0.504*** (0.074)

Medical expensesOut-of-pocket ratio

  

-0.335*** (0.095)

   

Ln (Health expenses)

     

0.048*** (0.006)

Observations

55,062

55,062

55,062

55,062

55,062

55,062

R-squared

0.053

0.151

0.151

0.103

0.216

0.217

Covariates

Yes

Yes

Yes

Yes

Yes

Yes

Province fixed effects

Yes

Yes

Yes

Yes

Yes

Yes

Year fixed effects

Yes

Yes

Yes

Yes

Yes

Yes

  1. *, **, and *** indicate that the coefficients significantly differ from 0 at the 10%, 5%, and 1% levels. The dependent variable is scaled by it’s logarithmic form. Family financial assets are scaled by 1/100,000