Research Symposium

BIO

Chelsea Le is a second-year student at Florida State University, double majoring in Finance and Economics. Originally from St. Petersburg, Florida, she discovered her passion for finance through her experiences growing up in an immigrant Vietnamese household, where financial challenges shaped her drive to pursue a career in finance.

She is actively involved in research through the Undergraduate Research Opportunity Program (UROP), where she explores the role of insurance coverage as a heuristic in consumer medical decision-making.

Insurance Impacts on Patient and Provider Medical Decision-Making

Abstract

Insurance, an influential and established institution in the medical market,
has been studied deeply for its' economic effects on consumer decision-
making. However, the social impact of insurance on the decision-making
process between medical providers and consumers has not been
considered in depth. This paper adds to the existing literature by showing
that insurance may be acting as a signal and recommender of what medical
care is appropriate and acceptable for patients beyond its role as a
financial entity.

Keywords: Insurance Impacts Medical Decision-Making