29 - Mark V. Pauly, Ph.D.: The Economics of American Health Care

Dr. Pauly has made significant contributions to the fields of medical economics and health insurance. 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. He is considered one of the original architects of the individual mandate and presented it in fact as an option to President George H.W. Bush in the 1980s. Dr. Pauly is a former commissioner on the Physician Payment Review Commission and the coeditor and chief of the Springer International Journal of Healthcare, Finance and Economics.

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