Avik Roy

President of the Foundation for Research on Equal Opportunity (FREOPP.org)

Providing conservative solutions to health reform

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Biography

Avik Roy is a journalist, editor, researcher, policy advisor, political strategist, and investment analyst. He offers a thoughtful perspective on policy, including health care policy, and economics that combines strong backgrounds in finance and medicine and is widely praised by both the right and the left.

Roy has also served as advisor on policy to three Republican presidential candidates. Avik Roy was a health care policy advisor to Mitt Romney’s 2012 presidential campaign. He was the senior advisor to Rick Perry’s 2016 campaign, for whom he was the lead author for major policy speeches and developed plans to address persistent black poverty, reform Wall Street, and combat radical Islamist terrorism. After Rick Perry withdrew from the race, Roy joined Marco Rubio as a policy advisor.

As Opinion Editor at Forbes, he writes on politics and policy, and manages The Apothecary, the influential Forbes blog on health care policy and entitlement reform. He is the author of Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency, (later elaborated upon in The Case Against Obamacare) and How Medicaid Fails the Poor. An early critic of the Affordable Care Act, Roy is a passionate believer in the conservative case for universal coverage, the idea that markets and competition can bring quality health care to every American.

Roy is Co-Founder and President of the Foundation for Research on Equal Opportunity, a think tank focused on expanding economic opportunity to those who least have it. He is also founder and Managing Partner of the startup healthcare investment advisory firm Roy Healthcare Research.

Avik Roy’s research interests include the Affordable Care Act, universal coverage, entitlement reform, veteran’s health care, international health systems and FDA policy. Roy was Senior Fellow at the Manhattan Institute for Policy Research from 2011 to 2016.

Roy was formerly an investment analyst and portfolio manager for Bain Capital and J.P. Morgan, and was Managing Partner at the hedge fund Mymensingh Partners.

How Medicaid Fails the Poor. In this important book, Avik Roy explains how Medicaid’s clumsy design and perverse incentives limit access to physician care while delivering poor health outcomes. Roy proposes using private insurance instead to provide a lifeline to Americans with no other healthcare options.

Credentials

  • Co-founder and president of the Foundation for Research on Equal Opportunity
  • Advisor to three presidential candidates on policy
  • Opinion Editor, Forbes, writing on politics and policy. Manager of The Apothecary, Forbes blog on health care policy and entitlement reform
  • Author of How Medicare Fails the Poor, Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency, and The Case Against Obamacare
  • Former Senior Fellow, Manhattan Institute for Policy Research
  • Contributor to The Wall Street Journal, The New York Times, The Washington Post, USA Today, The Atlantic, National Review, The Weekly Standard, National Affairs, and Health Affairs, among other publications
  • Policy advisor, Board of Advisors for the National Institute for Health Care Management Foundation, and Concerned Veterans for America’s Fixing Veterans Health Care Taskforce (co-chair)
  • Frequent guest on television news programs, including Fox News, Fox Business, NBC, MSNBC, CNBC, Bloomberg, CBS, PBS, and HBO
  • Former investment analyst and portfolio manager, Bain Capital, J.P. Morgan, and other firms
  • Educated at MIT and Yale University School of Medicine

Books

Transcending Obamacare

A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency (2nd Edition)

Avik Roy

In this landmark publication, Avik Roy, one of the nation’s leading authorities on health reform, details a way to rise above the partisan rancor about Obamacare by embracing the goals of both the left and the right. The left wants to ensure that every American has health insurance, while the right wants to reduce government intrusion in Americans’ personal health decisions, and to solve America’s health care-driven fiscal crisis. Roy’s plan achieves all of these goals. It would cover 12 million more Americans than Obamacare, while reducing the deficit by $8 trillion over 30 years.

Steve Forbes, editor-in-chief of Forbes Media, describes Transcending Obamacare as “what true patient-centered, consumer-driven healthcare reform would look like.” Ross Douthat of the New York Times calls Transcending Obamacare “the most comprehensive and ambitious vision of what a right-of-center ‘reform of the reform’ on health care could look like.” Timothy Jost, in Health Affairs, calls it the “most thoroughly developed conservative alternative for reforming the American health care system in the wake of the Affordable Care Act. It is a serious proposal, and it deserves to be taken seriously.”

Transcending Obamacare is the debut publication of a new think tank, the Foundation for Research on Equal Opportunity (FREOPP), helmed by Avik Roy. FREOPP is a non-profit, non-partisan think tank that conducts original research on expanding economic opportunity to those who least have it. The organization is committed to deploying the nation’s leading scholars and the tools of individual liberty, free enterprise, and technological innovation to serve this mission. All research conducted by FREOPP considers the impact of public policies and proposed reforms on those with incomes or wealth below the U.S. median.

How Medicaid Fails the Poor

Avik Roy

Medicaid, America’s government-run health insurance program for the poor, should be a lifeline that provides needed health care to Americans with no other options. Surprisingly, however, it doesn’t. The medical literature reveals a $450 billion-a-year scandal: that people on Medicaid have far worse health outcomes than those with private insurance, and no better outcomes than those with no insurance at all.

Why is this so? In How Medicaid Fails the Poor, Avik Roy explains how Medicaid’s clumsy design and perverse incentives make it hard for people on Medicaid to get the medical care they need. Medicaid doesn’t reimburse doctors or hospitals for the cost of caring for Medicaid enrollees, forcing many doctors to opt out of the program.

The Affordable Care Act, otherwise known as Obamacare, doubles down on this broken system. Roy shows us that there are better ways, using private insurance, to provide needed care to our poorest citizens.

Encounter Books; 1 edition (November 2013)

The Case Against Obamacare

Avik Roy

When Obamacare was signed into law, its authors promised that “if you like your plan, you can keep it,” and that the law would reduce the cost of health insurance. But Forbes Opinion Editor Avik Roy has discovered that the opposite is true: The new health law has disrupted health coverage for millions, and driven up costs for millions more.

In The Case Against Obamacare, you’ll read about Roy’s landmark 3,137-county analysis of health care costs, finding that Obamacare increased individual-market health insurance premiums by an average of 49%. You’ll learn why the health law is pricing many average Americans out of the health insurance market, and why young people in particular are paying more.

In addition to heading Forbes’ Opinion channel, Avik Roy is a Senior Fellow at the Manhattan Institute for Policy Research. In 2012 he served as a policy adviser to Mitt Romney. He is the author of How Medicaid Fails the Poor and Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency.

Forbes Media (December 2014)

Videos

Avik Roy Testifies on Health Care Reform

Transcending Obamacare | Manhattan institute

Avik Roy and Ezra Klein Discuss Obamacare and the 2016 Election