Table 5 Weighted regression of multiple predictors to the claim amount using OLS
Predictors | β | SE | % Claim increase (per unit increase of predictor) |
|---|---|---|---|
Mild severity | Ref | N/A | |
Moderate severity | 0.00 | 0.01 | 0% |
Severe & critical cases | 0.12* | 0.01 | 13% |
Class C | Ref | N/A | |
Class B | 0.02* | 0.01 | −5% |
Class A | −0.04* | 0,01 | 2% |
Non-ventilator use | Ref | N/A | |
Ventilator use | 0.53* | 0,01 | 70% |
LOS | 0.09* | 0,01 | 10% |
Inpatient & outpatient | Ref | N/A | |
ICU use | 0.52* | 0.01 | 69% |
Recovered | Ref | N/A | |
Died | 0.09* | 0.01 | 9% |