The Role of Wealth and Health in Insurance Choice: Bivariate Probit Analysis in China

Table 2

Insurance participating proportions in different wealth and health status.

	If medical	Private medical	New medical	If pension	Private pension	New pension
All data	0.932938	0.018156	0.745262	0.273933	0.006052	0.220443
High wealth	0.941329	0.023961	0.690973	0.267841	0.008419	0.210594
Low wealth	0.923322	0.012120	0.791273	0.272646	0.003700	0.224547
High health	0.917474	0.025571	0.707865	0.301434	0.010849	0.227044
Low health	0.936572	0.014263	0.769481	0.267973	0.004522	0.219968