Daniel P. Kessler

Keith and Jan Hurlbut Senior Fellow
Research Team: 

Daniel Kessler is the Keith and Jan Hurlbut Senior Fellow 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 and a professor, by courtesy, of health research and policy in the School of Medicine.

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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Recent Commentary


The Health Of Obamacare

by Daniel P. Kesslervia Wall Street Journal
Friday, December 11, 2015

The best scholarly analyses of the Affordable Care Act suggest that it’s neither the triumph trumpeted by its proponents nor the disaster suggested by its critics.

Side Effects May Include Collusion

by Daniel P. Kesslervia Hoover Digest
Tuesday, October 21, 2014

Caution: ObamaCare might encourage hospitals and doctors to fix prices.

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Analysis and Commentary

ObamaCare Invites Unhealthy Doctor-Hospital Collusion

by Daniel P. Kesslervia Investor's Business Daily
Tuesday, June 10, 2014

Liberals and conservatives agree that promoting vigorous competition among doctors and hospitals is essential to reducing spending and improving quality in markets for health care.

Healthcare Costs
Analysis and Commentary

Vertical Integration: Hospital Ownership Of Physician Practices Is Associated With Higher Prices And Spending

by Daniel P. Kessler, Laurence Baker, M. Kate Bundorfvia Health Affairs
Monday, May 12, 2014

We examined the consequences of contractual or ownership relationships between hospitals and physician practices, often described as vertical integration. 

The Coming Rate Shocks

by Daniel P. Kesslervia Hoover Digest
Friday, October 18, 2013

Sleight of hand makes it appear that ObamaCare means cheaper premiums. Look closer. The savings aren’t there.

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Analysis and Commentary

Daniel Kessler: ObamaCare Is Raising Insurance Costs

by Daniel P. Kesslervia Wall Street Journal
Monday, June 3, 2013

California and Oregon have recently announced the premiums for the health plans that will be offered through their ObamaCare insurance exchanges in 2014. Supporters of the law are jubilant.

Healthcare warning
Analysis and Commentary

The Coming ObamaCare Shock

by Daniel P. Kesslervia Wall Street Journal
Monday, April 29, 2013

In recent weeks, there have been increasing expressions of concern from surprising quarters about the implementation of ObamaCare. Montana Sen. Max Baucus, a Democrat, called it a "train wreck." A Democratic colleague, West Virginia's Sen.

Analysis and Commentary

ObamaCare's Broken Promises

by Daniel P. Kesslervia Wall Street Journal
Friday, February 1, 2013

As the federal government moves forward to implement President Obama's Affordable Care Act, the Department of Health and Human Services is slated to spend millions of dollars promoting the unpopular legislation.

fraud in Medicare and Medicaid

A Tall Order for Medicare

by Daniel P. Kesslervia Hoover Digest
Friday, January 25, 2013

Medicare needs to cut costs, escape political interference, and stay in business. Here’s how it can do all three. By Daniel P. Kessler.