Mark V. Pauly is an American economist whose work focuses on healthcare management and business economics. He is currently the Bendheim Professor in the Department of Health Care Management at the

Wharton School of the University of Pennsylvania The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...

. Pauly is a former commissioner on the Physician Payment Review Commission, and has been a consultant to the

Congressional Budget Office The Congressional Budget Office (CBO) is a List of United States federal agencies, federal agency within the United States Congress, legislative branch of the United States government that provides budget and economic information to Congress. I ...

, the Office of the Secretary of the U.S.

Department of Health and Human Services The United States Department of Health and Human Services (HHS) is a cabinet-level executive branch department of the US federal government created to protect the health of the US people and providing essential human services. Its motto is ...

, the

American Enterprise Institute The American Enterprise Institute for Public Policy Research, known simply as the American Enterprise Institute (AEI), is a center-right think tank based in Washington, D.C., that researches government, politics, economics, and social welfare ...

, and served on the Medicare Technical Advisory Panel. He is also the Co-Editor-in-Chief of the

Springer Springer or springers may refer to: Publishers * Springer Science+Business Media, aka Springer International Publishing, a worldwide publishing group founded in 1842 in Germany formerly known as Springer-Verlag. ** Springer Nature, a multinationa ...

journal ''International Journal of Health Care Finance and Economics'', and was formerly the Robert D. Eilers Professor from 1984 to 1989.

Career

Pauly received his AB from

Xavier University Xavier University ( ) is a private Jesuit university in Cincinnati, Ohio, United States. It is the sixth-oldest Catholic and fourth-oldest Jesuit university in the United States. Xavier had an enrollment of approximately 5,600 undergraduate an ...

in 1963, his MA from the

University of Delaware The University of Delaware (colloquially known as UD, UDel, or Delaware) is a Statutory college#Delaware, privately governed, state-assisted Land-grant university, land-grant research university in Newark, Delaware, United States. UD offers f ...

in 1965, and a PhD in economics from the

University of Virginia The University of Virginia (UVA) is a Public university#United States, public research university in Charlottesville, Virginia, United States. It was founded in 1819 by Thomas Jefferson and contains his The Lawn, Academical Village, a World H ...

in 1967. Pauly is a co-editor-in-chief of the ''International Journal of Health Care Finance and Economics'' and an associate editor of the '' Journal of Risk and Uncertainty''. He has served on

Institute of Medicine The National Academy of Medicine (NAM), known as the Institute of Medicine (IoM) until 2015, is an American nonprofit, non-governmental organization. The National Academy of Medicine is a part of the National Academies of Sciences, Engineerin ...

panels on public accountability for health insurers under Medicare and on improving the financing of vaccines. Pauly is a former member of the advisory committee to the Agency for Health Care Research and Quality, and most recently a member of the Medicare Technical Advisory Panel. Pauly is a former commissioner of the Physician Payment Review Commission and an active member of the

. He is Professor of Health Care Systems, Insurance and Risk Management, and Business and Public Policy at the

Wharton School The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...

and Professor of Economics in the School of Arts and Sciences at the

University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

. In 2005, he and Philip A. Rea co-founded the Roy and Diana Vagelos Program in Life Sciences and Management and continues to serve as Emeritus Faculty Co-Director.

Contributions

One of the nation's leading health economists, Pauly has made significant contributions to the fields of medical economics and health insurance. He is considered to be one of the key architects of the

individual mandate An individual mandate is a requirement by law for certain persons to purchase or otherwise obtain a good or service. United States Militia act The Militia Acts of 1792, based on the Constitution's militia clause (in addition to its affirmative ...

, which he and a team of economists proposed to

George H. W. Bush George Herbert Walker BushBefore the outcome of the 2000 United States presidential election, he was usually referred to simply as "George Bush" but became more commonly known as "George H. W. Bush", "Bush Senior," "Bush 41," and even "Bush th ...

in the late 1980s. His classic study on the economics of moral hazard was the first to point out how health insurance coverage may affect patients' use of medical services. Subsequent work, both theoretical and empirical, has explored the impact of conventional insurance coverage on preventive care, outpatient care, and prescription drug use in managed care. In addition, he has explored the influences that determine whether insurance coverage is available and, by several cost-effectiveness studies, the influence of medical care and health practices on health outcomes and cost. His interests in health policy deal with ways to reduce the number of uninsured through tax credits for public and private insurance and the appropriate design for Medicare in a budget-constrained environment. He is currently studying the effect of poor health on worker productivity.

Awards and honors

* Victor R. Fuchs Lifetime Achievement Award from ASHEcon, 2012 * President of the American Society of Health Economics, 2012 * William B. Graham Prize for Health Services Research from the Baxter International Foundation and the

Association of University Programs in Health Administration The Association of University Programs in Health Administration (AUPHA) is a non-profit organization of university-based educational programs, faculty, practitioners, and health care provider organizations. It works to improve the delivery of he ...

, 2012 * University of Pennsylvania Provost's Award for Distinguished Ph.D. Teaching and Mentoring, 2011–2012 * John M. Eisenberg Excellence in Mentorship Award from the Agency for Health Care Research and Quality, 2007 * Distinguished Investigator Award from

AcademyHealth AcademyHealth is a nonpartisan, nonprofit professional organization dedicated to advancing the fields of health services research and health policy. It is a professional organization for health services researchers, health policy analysts, and he ...

, 2007 * National Institute of Health Care Management Foundation's Research Award (with M. Kate Bundorf) for “Is Health Insurance Affordable for the Uninsured?” (Journal of Health Economics 2006), 2007 * Spencer Kimball Article Award (with

Howard Kunreuther Howard Charles Kunreuther (November 14, 1938 – August 1, 2023) was an American economist. He was the Jamie Dinan, James G. Dinan professor emeritus of decision sciences and public policy at the Wharton School of the University of Pennsylvania. ...

) from the Journal of Insurance Regulation for, 2006

Selected publications

* 2018: ''Managing Discovery: Harnessing Creativity to Drive Biomedical Innovation'', coauthored with Philip A. Rea and Lawton R. Burns. *2013: * 2006: "Is Health Insurance Affordable for the Uninsured?" (Journal of Health Economics, July 2006) co-authored with M. Kate Bundorf.

References

External links

* {{DEFAULTSORT:Pauly, Mark V. 1941 births Living people University of Pennsylvania faculty University of Virginia alumni University of Delaware alumni 21st-century American economists American health economists Place of birth missing (living people) Members of the National Academy of Medicine