VARIABLE DEFINITIONS |
| Group market characteristics |
G_NUMINS |
Number of insurers in the market |
| G_TOPFIVE |
Share of business accounted for by top 5 firms (percent) |
| G_HMO |
Share of business accounted for by HMOs |
| G_COM |
Share of business accounted for by commercial companies |
| G_COMLR |
Average commercial loss ratio |
| Individual market characteristics |
I_NUMINS |
Number of insurers in the market |
| I_TOPFIVE |
Share of business accounted for by top 5 firms (percent) |
| I_HMO |
Share of business accounted for by HMOs |
| I_COMM |
Share of business accounted for by commercial companies |
| I_COMLR |
Average commercial loss ratio |
| State characteristicsa |
POPMIL |
State population, in millions |
| Small group market regulation |
GISOMALL |
Guaranteed issue of some or all plans (dummy) |
| G_ALL |
Guaranteed issue of all plans (dummy) |
| G_RATEH |
Interaction of all product guaranteed issue and rate band for
health (continuous variable) |
| G_RATEA |
Interaction of all product guaranteed issue and rate band for age
(continuous variable) |
| G_RATEC |
Interaction of all product guaranteed issue and composite rate
band (continuous variable) |
| G_PREEX |
Waiting period for coverage of preexisting conditions, in months
|
| G_HEALTH |
Rate band on health (continuous variable) |
| G_AGE |
Rate band on age (continuous variable) |
| G_COMP |
Composite rate band (continuous variable) |
| GR |
Guaranteed renewal (dummy) |
| Individual market regulation |
I_SOMALL |
Guaranteed issue of some or all plans (dummy) |
| I_GIALL |
Guaranteed issue of all plans (dummy) |
| I_GR |
Guaranteed renewal (dummy) |
| RISKDUM |
High risk pool (dummy) |
| I_COMP |
Composite rate band (continuous variable) |
| I_HEALTH |
Rate band on health (continuous variable) |
| I_AGE |
Rate band on age (continuous variable) |
| I_PREEX |
Waiting period for coverage of preexisting conditions, in months
|
| Sociodemographic and employment characteristics |
AGEYR |
Age in years |
| AGEYR2 |
Age squared |
| FAMINC |
Family income (in $10,000s) |
| FAMINC2 |
Family income squared |
| GEWAGE |
Wage of greatest earner (in $10,000s) |
| GEWAGE2 |
Wage of greatest earner squared |
| GEFT |
Greatest earner works full time |
| GSELFEM |
Greatest earner is self employed |
| IND1 |
Greatest earner works in agriculture |
| IND2 |
Greatest earner works in mining |
| IND3 |
Greatest earner works in construction |
| IND4 |
Greatest earner works in durable manufacturing |
| IND5 |
Greatest earner works in nondurable manufacturing |
| IND6 |
Greatest earner works in public utilities |
| IND7 |
Greatest earner works in wholesale trade |
| IND8 |
Greatest earner works in retail trade |
| IND9 |
Greatest earner works in finance, insurance and real estate |
| IND10 |
Greatest earner works in business and repair service |
| IND11 |
Greatest earner works in personal services — household |
| IND12 |
Greatest earner works in entertainment and recreation services
|
| OCC1 |
Greatest earner works as an executive, administrative or
managerial worker |
| OCC2 |
Greatest earner works in a professional specialty |
| OCC3 |
Greatest earner works as a technician and/or related support |
| OCC4 |
Greatest earner works in sales |
| OCC5 |
Greatest earner works in administrative support, including
clerical |
| OCC6 |
Greatest earner works in a private household |
| OCC7 |
Greatest earner works in a protective service |
| OCC8 |
Greatest earner works in a service, except protective and
household |
| OCC9 |
Greatest earner works in farming, forestry and/or fishing |
| OCC10 |
Greatest earner works in precision production, craft and repair
|
| OCC11 |
Greatest earner works as a machine operator, assembler, and/or
inspector |
| OCC12 |
Greatest earner works in transport and material moving equipment
|
| FAMCHILD |
Child under age 18 in family |
| EDUC1 |
Greatest earner completed less than 7th grade |
| EDUC2 |
Greatest earner completed 7th or 8th grade |
| EDUC3 |
Greatest earner completed 9th grade |
| EDUC4 |
Greatest earner completed 10th grade |
| EDUC5 |
Greatest earner completed 11th grade |
| EDUC6 |
Greatest earner completed 12th grade |
| EDUC7 |
Greatest earner completed some college |
| EDUC8 |
Greatest earner a college graduate, no graduate education |
| FEMALE |
Female |
| FMARRIED |
Married female |
| FWIDDIV |
Wiowed or divorced female |
| FSEP |
Separated female |
| MARRIED |
Married |
| WIDDIV |
Widowed or divorced |
| SEP |
Separated |
| WHITE |
White |
| BLACK |
Black |
| ASIAN |
Asian |
| HEA1 |
Excellent health |
| HEA2 |
Very good health |
| HEA3 |
Good health |
| HEA4 |
Fair health |
| SIZE2 |
Greatest earner works in firm with 10-25 workers |
| SIZE3 |
Greatest family earner works in firm with 25-99 workers |
| Year fixed effects |
YEAR96 |
1996 CPS |
| YEAR97 |
1997 CPS |