Mark V. Pauly, Ph.D.

Bendheim Professor
Professor of Health Care Systems, Business and Public Policy,
Insurance and Risk Management, and Economics
The Wharton School, University of Pennsylvania

Mark V. Pauly currently holds the position of Bendheim Professor in the Department of Health Care Systems at The Wharton School of the University of Pennsylvania. He is professor of Health Care Systems, Insurance and Risk Management, and Business and Public Policy at The Wharton School and Professor of Economics in the School of Arts and Sciences at the University of Pennsylvania.  Pauly is a former commissioner on the Physician Payment Review Commission and an active member of the Institute of Medicine.  One of the nation’s leading health economists, 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.  Subsequent work, both theoretical and empirical, has explored the impact of conventional insurance coverage on preventive care, on outpatient care, and on prescription drug use in managed care.  He is currently studying the effect of poor health on worker productivity.  In addition, he has explored the influences that determine whether insurance coverage is available and, through 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 appropriate design for Medicare in a budget-constrained environment. Dr. 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 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. 

He received the Ph.D. in economics from the University of Virginia. He received a Ph.D. in economics from the University of Virginia.