Photo of Mark V. Pauly

Mark V. Pauly

Bendheim Professor

Professor of Health Care Management

Professor of Business Economics and Public Policy

Research Interests: health insurance, health policy, medical economics, other insurance, public finance/public choice, regulation

Contact Information

Address: 208 Colonia Penn Center, 3641 Locust Walk, Philadelphia, PA 19104
Office: (215) 898-2837



PhD, University of Virginia, 1967; MA, University of Delaware, 1965; AB, Xavier University, 1963

Recent Consulting

Office of Assistant Secretary for Policy Evaluation, U.S. Department of Health and Human Services – Merck, Inc. American Enterprise Institute

Career and Recent Professional Awards; Teaching Awards

Spencer Kimball Article Award from the Journal of Insurance Regulation for “Terrorism Losses and All Perils Insurance” with Howard Kunreuther, December 2006 National Institute of Health Care Management Foundation's Research Award for "Is Health Insurance Affordable for the Uninsured?" with M. Kate Bundorf (Journal of Health Economics, July 2006), May 2007 John M. Eisenberg Excellence in Mentorship Award, Agency for Health Care Research and Quality, June 2007 Distinguished Investigator Award, AcademyHealth, June 2007

Academic Positions Held

Wharton: 1983-present (Chairperson, Health Care Systems Department, 1997-2004; Vice Dean and Director, Doctoral Programs, 1995-99; named Bendheim Professor, 1990; Chairperson, Health Care Systems Department, 1990-94; Robert D. Eilers Professor of Health Care Management and Economics, 1984-89). University of Pennsylvania: 1984-present (Co-Director, Roy and Diana Vagelos Program in Life Sciences and Management, 2005-present; Professor of Economics, 1983-present; Executive Director, Leonard Davis Institute of Health Economics, 1984-89). Previous appointments: Northwestern University; University of Virginia. Visiting appointments: International Institute for Applied Systems Analysis, Laxenburg, Austria; International Institute of Management, Berlin, Germany

Professional Leadership 2005-2009

Co-Editor-in-Chief, International Journal of Health Care Finance and Economics, 2001-present; Advisory Editor, Journal of Risk and Uncertainty, 1987-present;

Corporate and Public Sector Leadership 2005-2009

Medicare Technical Advisory Panel; National Advisory Committee, National Institutes of Health, National Center for Research Resources; National Vaccine Advisory Commission Finance Working Group; Board Member, Independent Health


  • Mark V. Pauly, Ashley Swanson (Under Review), Social Impact Bonds in Nonprofit Health Care: New Product or New Package?.    Abstract
  • J Doshi, P Li, Sean McElligott, Aditi Sen, M Olfson, Mark V. Pauly, Robert Rosenheck, Steven C. Marcus (Draft), Antipsychotic Copayment, Adherence, and Hospital Admission in Dual Eligibles with Schizophrenia.  Abstract
  • Lawton R. Burns, Mark V. Pauly (2012), Accountable Care Organizations May Have Difficulty Avoiding The Failures of Integrated Delivery Networks Of The 1990s, Health Affairs, 31, 2407 - 2416. doi: 10.1377/hlthaff.2011.0675.    Abstract
  • Mark V. Pauly, Robert J. Town (2012), “Counterpoint: Maryland Exceptionalism? All-Payers Regulation and Health Care System Efficiency”, Journal of Health Politics, Policy and Law, 37 (4), 697 - 707.  
  • Mark V. Pauly, TG McGuire, PP Barros, eds., Handbook of Health Economics, Vol. 2 (2012).
  • Mark V. Pauly, A Saxena (2012), Health Employment, Medical Spending, and Long Term Health Reform, CESifo Economic Studies, 58 (1), 49 - 72.
  • Mark V. Pauly (Forthcoming), Medical Spending Reform and the Fiscal Future of the United States.    Related Materials
  • Mark V. Pauly, Kai Menzel, Howard Kunreuther, Richard A. Hirth (2011), Guaranteed Renewability Uniquely Prevents Adverse Selection in Individual Health Insurance, Journal of Risk and Uncertainty, 43(2):127-139.
  • Mark V. Pauly (2011), Patient Protection and Affordable Care Act Cost-Containment Choices: The Case for Incentive-Based Approaches, Journal of Health Politics, Policy and Law, 36(3): 591-596.
  • Mark V. Pauly (2011), Insurance and the Demand for Medical Care, Oxford Handbook of Health Economics, Oxford University Press: London, Chapter 16.
  • Mark V. Pauly, "Insurance and the Demand for Medical Care". In Oxford Handbook of Health Economics, "Insurance and the Demand for Medical Care." Chapter 16, edited by Mark V. Pauly, (2011).
  • Mark V. Pauly, Oxford Handbook of Health Economics, "Insurance and the Demand for Medical Care." Chapter 16 (2011).
  • Mark V. Pauly (2010), Health Reform Without Side Effects: Making Markets Work for Individual Health Insurance, Hoover Institution Press: Stanford, CA
  • Kevin Volpp, AB Troxel, Mark V. Pauly, Henry Glick, Andrea Puig, David A. Asch, R Galvin, J Zhu, F Wan, J DeGuzman, E Corbett, J Weiner, J Audrain-McGovern (2009), A Randomized Controlled Trial of Financial Incentives for Smoking Cessation, The New England Journal of Medicine, 360:699-709.  Abstract
  • Kevin Volpp, Mark V. Pauly, G Loewenstein, D Bangsberg (2009), P4P4P: An Agenda for Research on Pay for Performance for Patients, Health Affairs, 28(1): 206-14.  Abstract
  • Mark V. Pauly, Fredric Blavin, Sudha Meghan (2009), How Private, Voluntary Health Insurance Can Work in Developing Countries, Health Affairs, 28(6): 1778-1787.
  • Mark V. Pauly (2009), Limiting the Tax Exclusion for Employment-based Health Insurance: Are Improved Equity and Efficiency Enough?, National Tax Journal, 62(3): 555-562.  
  • Lawton R. Burns, Mark V. Pauly (2008), Price Transparency For Medical Devices, Health Affairs, 27(6): 1544-1553, 2008.    Abstract
  • Mark V. Pauly, S. Nicholson, D. Polsky, M. L. Berger, C. Sharda (2008), Valuing Reductions in On-the-Job Illness: ‘Presenteeism’ from Managerial and Economic Perspectives, Health Economics, 17(4): 469-485.  Abstract
  • Mark V. Pauly (2008), Markets Without Magic: How Competition Might Save Medicare, AEI Press
  • A. Dor, Mark V. Pauly, M. A. Eichleay, P. J. Held (2007), End-stage Renal Disease and Economic Incentives: The International Study of Health Care Organization and Financing, International Journal of Health Care Finance and Economics, 7(2/3): 73-111.  Abstract
  • Mark V. Pauly, B. Herring (2007), Pooling and Regulation: Policy and Reality in Today’s Individual Health Insurance Market, Health Affairs, 26(3): 770-779.  Abstract
  • Howard Kunreuther, Mark V. Pauly (Working), Insuring Against Catastrophes.  
  • J. A. Pagán, Mark V. Pauly (2006), Community-level Uninsurance and Unmet Medical Needs of Insured and Uninsured Adults, Health Services Research, 41(3): 788-803.  Abstract
  • M. K. Bundorf, Mark V. Pauly (2006), Is Health Insurance Affordable for the Uninsured?, Journal of Health Economics, 25(4): 650-673.  Abstract
  • Howard Kunreuther, Mark V. Pauly (2005), Terrorism Losses and All Perils Insurance, Journal of Insurance Regulation, 23(4): 3-19.  
  • Howard Kunreuther, Mark V. Pauly, Insurance Decision-Making and Market Behavior (2005).  Abstract
  • Thomas S. Rector, Michael D. Finch, Patricia M. Danzon, Mark V. Pauly, Bharati S. Manda (2003), Effect of Tiered Prescription Copayments on the Use of Preferred Brand Medications, Medical Care, 41 (3), 398 - 406.  
  • Patricia M. Danzon, Mark V. Pauly (2002), Health Insurance and the Growth in Pharmaceutical Expenditures, Journal of Law and Economics, 45 (2), 587 - 613.    Abstract
  • Patricia M. Danzon, Mark V. Pauly, Sean Nicholson, Judy Xu, Daniel Polsky, James F. Murray, M. L. Berger (2002), A General Model of the Impact of Absenteeism on Employers and Employees, Health Economics, 11 (3), 221 - 232.    Abstract
  • Patricia M. Danzon, Mark V. Pauly, John Hoff, Paul Feldstein (1991), A Plan for Responsible National Health Insurance, Health Affairs, Spring, 6 - 25.  
  • Patricia M. Danzon, Mark V. Pauly, Raynard S. Kington (1990), The Effects of Malpractice Litigation on Physicians' Fees and Incomes, American Economic Review , 80 (2), 122 - 127.  

Awards And Honors

  • President of the American Society of Health Economics, 2012
  • Victor R, Fuchs Lifetime Achievement Award from ASHEcon, 2012
  • William B. Graham Prize for Health Services Research from the Baxter International Foundation and the Association of University Programs in Health Administration, 2012
  • University of Pennsylvania Provost's Award for Distinguished Ph.D. Teaching and Mentoring, 2011-2012
  • Distinguished Investigator Award from AcademyHealth, 2007
  • John M. Eisenberg Excellence in Mentorship Award from the Agency for Health Care Research and Quality, 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) from the Journal of Insurance Regulation for, 2006

In The News

Knowledge @ Wharton



  • HCMG653 - Health Care Field Application Project

    This course focuses on leadership and management issues in health care organizations while providing students with a practice setting to examine and develop their own management skills. Each team acts as a consultant to a local healthcare organization which has submitted a project proposal to the course. The teams define the issue and negotiate a contract with the client organization. By the end of the semester, teams present assessments and recommendations for action to their clients and share their experience with the class in a series of workshops and cross-team consultations.

  • HCMG890 - Advanced Study Project: Management of Health Care Service Businesses

    HCMG 890-001: This course examines issues related to the Services Sector of thehealth care industry. For those interested in management, investing, or bankingto the health care industry, the services sector will likely be the largest and most dynamic sector within all of health care. We will study key management issues related to a number of different health care services businesses with a focus on common challenges related to reimbursement, regulatory, margin, growth, and competitive issues. We will look at a number of different businesses and subsectors that may have been unfamiliar to students prior to taking the course. We will make extensive use of outside speakers, many of whom will be true industry leaders within different sectors of the health care services industry. Speakers will address the current management issues they face in running their businesses as well as discuss the career decisions and leadership styles that enables them to reach the top of their profession. Students will be asked to develop a plan to both buyout and manage a specific health care services business of their choosing and will present their final plans to a panel of leading Health Care Private Equity investors who will evaluate their analysis. Prerequisites: HCMG 841

    Senior healthcare executives and policy leaders will be engaged as guest speakers.