| 1 | Name: | Dr. Victor R. Fuchs | |
| Institution: | Stanford University & National Bureau of Economic Research | ||
| Year Elected: | 1990 | ||
| Class: | 3. Social Sciences | ||
| Subdivision: | 302. Economics | ||
| Residency: | Resident | ||
| Living? : | Deceased | ||
| Birth Date: | 1924 | ||
| Death Date: | September 16, 2023 | ||
Victor Fuchs is the Henry J. Kaiser, Jr., Professor of Economics and of Health Research and Policy, Emeritus at Stanford University; a Freeman Spogli Institute senior fellow; and a core faculty member at Stanford's Center for Health Policy/Primary Care and Outcomes Research. He uses economic theory to provide a framework for the collection and analysis of healthcare data. Dr. Fuchs has written extensively on the cost of medical care and on determinants of health, with an emphasis on the role of socioeconomic factors. He has been particularly interested in the role of physician behavior and financial incentives in determining healthcare expenditures. His current research examines inequality in the length of life, individual and social responsibility for health, and the economics of aging. He is also developing a proposal for a "universal healthcare voucher" system in which all families or individuals would be given a voucher -- financed by an earmarked value-added tax -- that would guarantee them coverage in a private health insurance plan with a standardized package of benefits, including basic health services and catastrophic coverage. Dr. Fuchs received his Ph.D. from Columbia University in 1955. He is the author of works including Who Shall Live? Health, Economics and Social Choice (1974) and The Health Economy (1986). He is a member of the American Academy of Arts & Sciences and the Institute of Medicine. | |||