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New Jersey
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Colorado
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41 State Subsample
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18 State Subsample
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9 State Subsample
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|---|
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DD Estimator
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0.4276
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0.0687
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−0.0039
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−0.1983
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−0.0706
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[0.268]
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[0.304]
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[0.243]
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[0.251]
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[0.269]
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Treatment Dummy
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0.1557
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−0.2526
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−0.2653
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−0.3743
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−0.3398
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[0.319]
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[0.342]
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[0.233]
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[0.243]
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[0.262]
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Reform Dummy
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0.0689
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0.4278**
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0.5004***
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0.6948***
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0.5671***
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[0.138]
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[0.209]
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[0.091]
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[0.114]
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[0.150]
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Constant
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1.5024***
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1.9107***
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1.9234***
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2.0323***
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1.9979***
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[0.232]
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[0.282]
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[0.113]
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[0.144]
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[0.175]
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Observations
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687
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560
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5589
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2570
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1348
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R-squared
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0.0182
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0.0137
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0.0110
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0.0260
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0.0202
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- Notes: This table presents the results of several difference-in-differences analyses obtained using the regressions described generally in eq. 1. The dependent variable, Losses per Enrollee (LPE), is defined as the dollar amount of health insurance losses incurred by a given insurer, in a given state, during a given year, scaled by the number of plan enrollees for a given insurer, in a given state, during a given year. LPE is also scaled by 1000. In the table, “DD estimator” is the difference-in-differences estimator, “Treatment dummy” indicates firms operating in Texas, and “Reform Dummy” indicates years following the enactment of the Texas reform measures. Each column of output represents a separate analysis that differs only by the subsample of firms used as non-treated groups. Clustered standard errors are presented in parentheses and ***indicates p < 0.01, and **indicates p < 0.05
