Table 7 Factors affecting the selection of health insurance among farmers from multinomial logit model
From: Health Uninsurance in rural America: a partial equilibrium analysis
Dependent Variable: Health Insurance Preference | Coefficient (Standard Errors) | Marginal Effects | ||||
|---|---|---|---|---|---|---|
Base Group: No Insurance Holders | Private insurance | Government insurance | No Insurance | Private Insurance | Government Insurance | |
Years of Experience | −0.277* | 0.035* | 0.0006 | −0.0006 | 0.0003 | |
(0.017) | (0.019) | (0.00038) | (0.00055) | (0.0004) | ||
Age of Operator | 0.025 | −0.0298 | 0.0005 | −0.0003 | − 0.00022 | |
(0.019) | (0.025) | (0.0005) | (0.0008) | (0.00067) | ||
Number of Dependents | −0.922*** | −1.881*** | 0.0206 | 0.018 | −0.039 | |
(0.132) | (0.265) | (0.0085) | (0.011) | (0.0083) | ||
Net Worth of Operator | 0.427** | 0.535*** | −0.009 | 0.0047 | 0.0046 | |
(0.207) | (0.208) | (0.0042) | (0.0043) | (0.0012) | ||
Annual Health Care Spending by Operator | 2.475*** | 3.538 *** | −0.0542 | 0.0104 | 0.0438 | |
(0.215) | (0.444) | (0.0069) | (0.015) | (0.014) | ||
Total assets of Operator | −0.3697* | − 0.822*** | 0.0083 | 0.0098 | −0.0182 | |
(0.193) | (0.198) | (0.0040) | (0.0044) | (0.014) | ||
Highest Educational Level | ||||||
 Some College | 5.94*** | 5.419*** | −0.1673 | 0.0364 | −0.0004 | |
(0.570) | (0.678) | (0.0165) | (0.0226) | (0.0188) | ||
 College Graduate and above | 7.889*** | −7.687*** | −0.1903 | 0.1935 | −0.0032 | |
(0.957) | (1.028) | (0.0181) | (0.0238) | (0.0159) | ||
 Significant Health Condition in Past 5 years | −22.698*** | −25.335*** | 0.04832 | 0.07548 | −0.1238 | |
(1.165) | (1.239) | (0.0057) | (0.0245) | (0.0238) | ||
 Desire for Dental Insurance Coverage | 1.60*** | 1.656*** | −0.0347 | −0.0315 | − 0.0031 | |
(0.180) | (0.181) | (0.0049) | (0.0048) | (0.0006) | ||
 Desire for Vision Insurance Coverage | −0.095 | 0.059 | 0.0019 | −0.0079 | 0.006 | |
(0.074) | (0.097) | (0.0017) | (0.0033) | (0.0053) | ||
 Health risk attitudes | −0.048 | 0.086 | 0.00094 | −0.006 | 0.0052 | |
(0.185) | (0.234) | (0.004) | (0.0069) | (0.0058) | ||
 Crop risk attitudes | 0.238 | −0.418 | 0.0050 | 0.002 | −0.007 | |
(0.278) | (0.307) | (0.005) | (0.0078) | (0.0053) | ||
 Herfindahl-Hirschman Index | −3.854 | −4.336 | 0.0836 | 0.0617 | −0.0218 | |
(2.510) | (3.009) | (0.0503) | (0.073) | (0.056) | ||
_cons | −1.97 | − 3.211 |  | |||
(2.699) | (4.470) 1266.01 | |||||
Pseudo R-square | 0.4363 | Wald Chi2(28) | ||||
Number of Observations | 774 | Prob> Chi2 | 0.0000 | |||