Michael Chernew, PhD, is the Leonard D. Schaeffer Professor of Health Care Policy and Director of the Health care Markets and Regulation (HMR) Lab at Harvard Medical School. His research focuses on improving the health care system through novel benefit designs, Medicare Advantage, alternative payment models, low-value care, and rising health care spending. Dr. Chernew currently chairs the Medicare Payment Advisory Commission (MedPAC), having previously served as vice chair (2012–2014) and member (2008–2012), and has thrice served on CMS technical advisory panels (2000, 2004, 2010) reviewing Medicare trust fund financial assumptions. Additionally, he is a member of the CBO’s Panel of Health Advisors, Vice Chair of the Massachusetts Health Connector Board, a member of the National Academy of Sciences, a research associate at the National Bureau of Economic Research, a senior Visiting Fellow at MITRE, and co-editor of the American Journal of Managed Care. He earned his undergraduate degree from the University of Pennsylvania and a PhD in economics from Stanford University, and was awarded both the John D. Thompson Prize (1998) and the Alice S. Hersh Young Investigator Award (1999).

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