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Hoover health policy scholars conduct research that aims to devise policies that enable more Americans to get better value for their health care dollar and foster appropriate innovations that will extend and improve life.

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Daniel P. Kessler

Keith and Jan Hurlbut Senior Fellow | Director of Research
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Daniel P. Kessler

Keith and Jan Hurlbut Senior Fellow | Director of Research

Daniel Kessler is the Keith and Jan Hurlbut Senior Fellow and Director of Research at the Hoover Institution and a professor at the Graduate School of Business at Stanford University, where he teaches courses on economics, public policy, and the health care industry. He is also a professor at the Stanford Law School. Among his publications are, with Mark McClellan, “The Effect of Hospital Ownership on Medical Productivity,” in the RAND Journal of Economics (2002), and “Designing Hospital Antitrust Policy to Promote Social Welfare,” which appeared in Frontiers in Health Policy Research. His books include a forthcoming second edition of Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System (Hoover Institution Press, 2011), coauthored with Leonard and Shirley Ely Senior Fellow John Cogan and R. Glenn Hubbard, and Regulation versus Litigation: Perspectives from Economics and Law (University of Chicago Press, 2010). He is the holder of a PhD in economics from the Massachusetts Institute of Technology and a JD from Stanford Law School.

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John F. Cogan

Leonard and Shirley Ely Senior Fellow
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John F. Cogan

Leonard and Shirley Ely Senior Fellow

John F. Cogan is the Leonard and Shirley Ely Senior Fellow at the Hoover Institution and a faculty member in the Public Policy Program at Stanford University. John Cogan’s research is focused on U.S. budget and fiscal policy, federal entitlement programs, and health care.  He has published widely in professional journals in both economics and political science.  His latest book, The High Cost of Good Intentions (2017) is the recipient of the 2018 Hayek Prize.  The book traces the history of U.S. federal entitlement programs from the Revolutionary War to modern times.  His previous books include Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System, coauthored with Glenn Hubbard and Daniel Kessler, and The Budget Puzzle, (with Timothy Muris and Allen Schick). At Stanford, he has served on faculty advisory boards for the Stanford-in-Washington campus and the Stanford Institute for Economic Policy Research. He is a recipient of the Stanford-in-Government's Distinguished Service Award. Cogan has devoted a considerable part of his career to public service. He served under President Ronald Reagan as assistant secretary for policy in the U.S. Department of Labor from 1981 to 1983, as associate director in the U.S. Office of Management and Budget (OMB) from 1983 to 1985, and as Deputy (OMB) Director in 1988-89.  His responsibilities included developing and reviewing Reagan Administration policies in the areas of health care, Social Security, disability, welfare, and employment training. Cogan has served on numerous congressional, presidential, and California state advisory commissions. At the federal level, he has served on President George W. Bush's Commission to Strengthen Social Security, the U.S. Bipartisan Commission on Health Care (the Pepper Commission), the Social Security Notch Commission, and the National Academy of Sciences' Panel on Poverty and Family Assistance. He has also served on the California State Commission on the 21st Century Economy and the California Public Employee Post-Employment Benefits Commission.   Cogan recently retired from the Board of Directors of Gilead Sciences where he spent 15 years on the board and seven as Lead Independent Director. Cogan is a member of the board of trustees of the Charles Schwab Family of Funds where he is Chairman of the Governance Committee. Cogan received his A.B. in 1969 and his Ph.D. in 1976 from the University of California at Los Angeles, both in economics.  He received his M.A. in Economics from California State University at Long Beach in 1970.  He was an associate economist at the RAND Corporation from 1975 to 1980. In 1979, Cogan was appointed a national fellow at the Hoover Institution; in 1980 he was appointed a senior research fellow; and in 1984 he became a senior fellow.

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John H. Cochrane

Rose-Marie and Jack Anderson Senior Fellow
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John H. Cochrane

Rose-Marie and Jack Anderson Senior Fellow

John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute.  Before joining Hoover, Cochrane was  a Professor of Finance at the University of Chicago’s Booth School of Business, and earlier at its Economics Department. Cochrane earned a bachelor’s degree in physics at MIT and his PhD in economics at the University of California at Berkeley. He was a junior staff economist on the Council of Economic Advisers (1982–83). Cochrane’s recent publications include the book Asset Pricing and articles on dynamics in stock and bond markets, the volatility of exchange rates, the term structure of interest rates, the returns to venture capital, liquidity premiums in stock prices, the relation between stock prices and business cycles, and option pricing when investors can’t perfectly hedge. His monetary economics publications include articles on the relationship between deficits and inflation, the effects of monetary policy, and the fiscal theory of the price level. He has also written articles on macroeconomics, health insurance, time-series econometrics, financial regulation, and other topics. He was a coauthor of The Squam Lake Report. His Asset Pricing PhD class is available online via Coursera.  Cochrane frequently contributes editorial opinion essays to the Wall Street Journal, Bloomberg.com, and other publications. He maintains the Grumpy Economist blog.

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Scott W. Atlas

Robert Wesson Senior Fellow
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Scott W. Atlas

Robert Wesson Senior Fellow

Scott W. Atlas, MD is the Robert Wesson Senior Fellow in health policy at the Hoover Institution of Stanford University. Dr. Atlas investigates the impact of government and the private sector on access, quality, and pricing in health care, global trends in health care innovation, and key issues related to the future of technology-based medical advances. He is a frequent policy advisor to policymakers and government officials in the United States and in other countries. He has served as Senior Advisor for Health Care to several numerous candidates for President, as well as having counselled members of the US Congress on health care, testified before Congress, and briefed directors of key federal agencies. From July to December, 2020, he served as a Special Advisor to the President and a member of the White House Coronavirus Task Force.  Before his appointment at Hoover Institution, he was Professor and Chief of Neuroradiology at Stanford University Medical Center for 14 years. His publications and interviews have appeared worldwide. Dr. Atlas is the author of numerous books, including A Plague Upon Our House: My Fight at the Trump White House to Stop COVID from Destroying America (Post Hill Press), In Excellent Health: Setting the Record Straight on America’s Health Care System (Hoover Press), and Restoring Quality Health Care: A Six‐Point Plan for Comprehensive Reform at Lower Cost (Hoover Press). He is also the editor of "Magnetic Resonance Imaging of the Brain and Spine" – the leading textbook in the field, translated into several languages, and now in its 5th edition.  Dr. Atlas has received many awards and accolades from leading institutions and societies all over the world in recognition of his leadership in policy and medicine. He was awarded the 2021 Freedom Leadership Award, Hillsdale College’s highest honor, “in recognition of his dedication to individual freedom and the free society.” He also received the 2011 Alumni Achievement Award, the highest career achievement honor for a distinguished alumnus from the University of Illinois in Urbana‐Champaign. In the private sector, Atlas is a frequent advisor to start-up entrepreneurs and companies in life sciences and medical technology. He received his MD degree from the University of Chicago School of Medicine.

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Thomas E. MaCurdy

Senior Fellow
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Thomas E. MaCurdy

Senior Fellow

Thomas MaCurdy holds a joint appointment as a Senior Fellow at the Hoover Institution and a Professor of Economics at Stanford University, where he has taught since 1978. He is also a Senior Fellow at the Stanford Institute of Economic Policy Research and a Research Associate of the National Bureau of Economic Research.  MaCurdy’s expertise covers domestic policy related to government income-support and entitlement programs, with his research disclosing consequential empirical findings relevant to the design and impacts of public assistance policies. MaCurdy has published numerous articles and reports in professional journals and general-interest public policy venues, with studies analyzing policies in the areas of welfare, food stamps, earned income tax credit, minimum wages, unemployment compensation, child support, foster care, low-skilled training, federal and state taxes, social security, Medicare, Medicaid, and other government aid for health care. These studies address a broad range issues, including determinants of participation rates, characteristics of beneficiaries, sources and distributions of program costs, and influences on work disincentives and incomes. In the healthcare area, MaCurdy has conducted a wide variety of projects supporting the activities and operations of the Center of Medicare and Medicaid Services (CMS), Medicare Payment Advisory Commission (MedPAC), Medicaid and CHIP Payment and Access Commission (MACPAC) and Congressional Budget Office (CBO). He works extensively on the design of payment policies. He directs major projects with CMS on the setting of Medicare payment rates in the fee-for-service (FFS), Medicare Advantage (managed care) and Part D (drugs) programs. He also currently supervises several projects supporting CMS regulatory policy responsible for the establishment and maintenance of Healthcare Exchanges under the Affordable Care Act. He has further conducted a series of studies that explore options for implementing Value Base Purchasing (VBP) in Medicare (which introduces pay-for-performance features in reimbursements) and that examine the cost drivers underlying the growth in healthcare spending. MaCurdy has performed similar work in Medicaid for a variety of government agencies, studying both the impact of payment policy and the circumstances explaining cost growth. Among his public service activities, MaCurdy has served as a member of standing committees advising the U.S. Bureau of Labor Statistics, U.S. Census, Congressional Budget Office, Institute for Research on Poverty, West Coast Poverty Center, California Health Benefits Review Program and many other state and local governmental agencies in California. He has further served in an editorial capacity for several professional journals (Econometrica, Labor Economics, Journal of Econometrics, Review of Economics and Statistics and California Policy Review).  MaCurdy received his BA in 1973 from the University of Washington and his PhD in 1978 from the University of Chicago, both in economics.

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Jay Bhattacharya

Senior Fellow
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Jay Bhattacharya

Senior Fellow

Jay Bhattacharya, M.D., is a senior fellow at the Hoover Institution. Previously, he was a research fellow at the Hoover Institution. He is a professor at Stanford University Medical School.

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