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2016 ANNUAL REPORT

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NEW RESOURCES<br />

FOR HEALTH POLICY<br />

INNOVATION<br />

Senior Fellow Alice Rivlin<br />

outlines proposals for containing<br />

costs of chronic care<br />

“As other Washington institutions grew more<br />

ideologically entrenched, [Isabel Sawhill and <br />

Ron Haskins] modeled a partnership that defied <br />

labels other than ‘indispensable.’”<br />

JASON DEPARLE, NEW YORK TIMES<br />

PHOTO: PAUL MORIGI<br />

With health care spending in the U.S.<br />

reaching $3 trillion annually and powerful<br />

disruptions to the health care system<br />

underway, the need for careful analysis<br />

and thoughtful proposals for reform continues<br />

to grow. To help advance innovation<br />

in health policy, Brookings Trustee Leonard<br />

D. Schaeffer made a gift of $4 million to<br />

establish the Leonard D. Schaeffer Initiative<br />

for Innovation in Health Policy as a partnership<br />

between Brookings and the Leonard<br />

D. Schaeffer Center for Health Policy &<br />

Economics at the University of Southern<br />

California (USC), where he also serves as<br />

a Trustee. Under the leadership of Senior<br />

Fellow Paul Ginsberg, who is a professor at<br />

USC and director of the Center for Health<br />

Policy at Brookings, the Initiative will conduct<br />

research on pressing challenges like<br />

the future of Medicare as costs continue<br />

to rise, shaping the Affordable Care Act<br />

to improve outcomes, and maximizing the<br />

value of innovation in drugs and devices.<br />

PHOTO: PAUL MORIGI<br />

PHOTO: STEVEN E. PURCELL<br />

Brookings Trustee Leonard Schaeffer at the<br />

launch of the Leonard D. Schaeffer Initiative for<br />

Innovation in Health Policy<br />

Distinguished Fellow in Residence Ben Bernanke (RIGHT)<br />

welcomes Yi Gang, Assistant Governor of the People’s Bank of China<br />

11

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