Table 8 Operating efficiency of urban and rural residents’ basic medical insurance fund: fixed effects panel data Tobit model regression results

Per capita hospitalization cost

-0.000052

0.000024

-2.13

0.033

-0.000099

-0.000004

Per capita outpatient cost

0.001136

0.000699

1.63

0.104

-0.000233

0.002506

Ln per capita GDP

0.015168

0.121114

0.13

0.900

-0.222211

0.2525469

Tertiary hospital proportion

0.006737

0.005632

1.20

0.232

-0.004302

0.017776

Per capita fund balance

-0.000116

0.000033

-3.49

0.000

-0.000180

-0.000051

Per capita cumulative fund balance

0.000036

0.000018

2.05

0.041

0.000002

0.000071

Actual reimbursement ratio

0.005960

0.002789

2.14

0.033

0.000494

0.011427

Medical institution density

0.000217

0.000449

0.48

0.629

-0.000663

0.0010973