R. Glenn Hubbard is the dean of Columbia University Business School, where he is also the Russell L. Carson Professor of Finance and Economics, and a member of the Working Group on Health Care Policy. Hubbard has been at Columbia University since 1988; he has been a visiting professor at Harvard’s Kennedy School of Government and Harvard Business School, as well as the University of Chicago. He served as deputy assistant secretary of the U.S. Treasury Department for Tax Policy from 1991 to 1993. From February 2001 until March 2003, he was chairman of the U.S. Council of Economic Advisers, at which time he also chaired the Economic Policy Committee of the Organisation for Economic Co-operation and Development (OECD). He is currently a director of ADP, BlackRock Closed-End Funds, KKR Financial Corporation, and Met Life. Hubbard received his BA and BS degrees summa cum laude from the University of Central Florida and holds AM and PhD degrees in economics from Harvard University.

Mark V. Pauly is the Bendheim Professor in the Department of Health Care Management,a professor of insurance and risk management, and a professor of business and public policy at the Wharton School; professor of economics at the University of Pennsylvania; and a member of the Working Group on Health Care Policy. A former commissioner on the Physician Payment Review Commission, Pauly has served on the advisory committee to the Agency for Health Care Research and Quality, and on the Medicare Technical Advisory Panel. He currently serves on the national advisory committees for the National Institute of Health National Center for Research Resources, the National Academy of Sciences' Committee to Study the Veterinary Workforce, and the NAS Committee on the Biomedical Workforce. Pauly is a co-editor -in -chief of the International Journal of Health Care Finance and Economics and associate editor of the Journal of Risk and Uncertainty.