(15 pts) Table VII below reports some additional results from the Oregon Health Insurance Experiment. The Table shows the effects of gaining access to health insurance (lottery winners) on a family’s financial status. The first column reports the mean for the control group (lottery losers). The second column reports the difference for lottery winners. Standard errors are shown in parentheses. Use the results reported in the Table to answer the questions below 8. f. Does gaining access to health insurance have any effect on a family’s overall finances (Panel A)? If so, what aspect(s) are affected, and how? Explain. g. What is the impact of health insurance on a family’s medical debt? (Refer to any medical collection, and amount owed in Panel B.) Explain your answers. h. What is the impact of health insurance on a family’s nonmedical debt (Panel C)? Explain i. What percentage of control families have some medical debt? What percentage of lottery winners? j. Are you surprised at the magnitude of the percentages in part d? Why or why not? Table VII Financial Strain Control mean ITT Panel A: Overall Any bankruptcy Any liern Any judgment Any collection Any delinquency (credit accounts) Standardized treatment effect 0.0022 (0.119 (0.0014) 0.0012 0.144 0.0014) 0.0014 (0.244 0.0024) 0.014 0.021 0.064 0.500 0.366 -0.012 (0.500) (0.0041) 0.0016 (0.482 (0.0042) 0.0022 (0.0049) Panel B: Medical debt Any medical collection Amount owed in medical collections Standardized treatment effect 0.281 -0.016 (0.449 (0.0040) 1,999 (45) -0.026 (0.0061) Panel C: Nonmedical debt Any nonmedical collection Amount owed in nonmedical collections Standardized treatment effect 0.392 -0.0046 (0.488) (0.0041) 2,740 (9,492) 20 (63) -0.0058 (0.0059)