William Hsiao

William C. Hsiao (Traditional Chinese: 蕭慶倫; Simplified Chinese: 萧庆伦) (born January 17, 1936) an American economist, is the K.T. Li Professor of Economics at the Harvard School of Public Health in Boston, Massachusetts. He is internationally recognized for his work on health care financing and social insurance.

Hsiao is a graduate of Ohio Wesleyan University and received his Ph.D from Harvard University in Economics. He is a member of the National Academy of Sciences, Institute of Medicine, the Society of Actuaries, the National Academy of Social Insurance, and holds several honorary degrees.

He has been awarded teaching awards by Harvard graduate students on several occasions. He resides in Cambridge, Massachusetts with his wife, Ruth, a former lecturer at Tufts University. He has two sons and four grandchildren.

Hsiao was born in Beijing, China and as a teenager immigrated to the United States, where his father was an economic advisor to the Kuomintang (KMT) delegation to the United Nations. He grew up in Forest Hills, Queens of New York City, and attended New York public schools. Following graduation from college, Hsiao began his career as an actuary for Connecticut General Life Insurance Co. in Hartford CT, which was a predecessor company to CIGNA. Following this corporate stint, Hsiao moved to Washington DC and was employed as an actuary to the Social Security Administration in 1968. When the Chief Actuary of the SSA resigned, Hsiao was appointed the acting Chief Actuary in 1970.

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