Thomas G. McGuire, PhD, is a Professor of Health Economics Emeritus in the Department of
Health Care Policy at Harvard Medical School, where he taught health economics in Harvard
University’s Ph.D. Program in Health Policy from 2001. Dr. McGuire is a member of the
National Academy of Medicine and a Research Associate at the National Bureau of Economic
Research. He served for ten years as an editor of the leading journal in the field of health
economics, the Journal of Health Economics, and co-edited the Handbook of Health Economics,
Volume II published in 2012. He co-chaired three conferences on the Industrial Organization of
Health Care and edited special sections of economic journals in which the conference papers
were published.

For 50 years, Dr. McGuire has conducted research on the economics of managed care, health
insurance, health care payment systems, drug markets, health care disparities by race and
ethnicity, and mental health policy. His research has been recognized by a number of awards,
including the Victor Fuchs Lifetime Achievement Award for 2018, awarded by the American
Society of Health Economics, the primary professional organization for health economists in the
U.S., and the Arrow Award from the International Health Economics Association for the best
paper in health economics published in English in 1998. He jointly authored a paper on reverse-
payment settlements in the drug industry that received the Article of the Year Award from the
International Journal of the Economics of Business. In 2023, Dr. McGuire received the “Impact
Award” from the European-based Risk Adjustment Network for development of econometric
methods to improve the efficiency and fairness of the Dutch health plan payment model in their
social health insurance system.

Ph.D. Economics, Yale University; A.B. Economics, Princeton University

Telephone: 617.871.6900
Facsimile: 617.871.6949