In his new book, The Great Risk Shift, Jacob Hacker describes an economic transformation that has important implications for individuals, businesses and society:

Government and businesses are shifting risk of all kinds—job and income security, healthcare, and retirement—onto the shoulders of individuals and families.

This is increasing economic anxiety for most people and makes The Great Risk Shift an indispensable message for any audience that helps people manage financial risk, including those in healthcare, human resources, financial services and, especially, insurance; plus policy makers and organizations intent on restoring security to the American dream.

Jacob’s strategy offers sterling opportunities to companies that can help people protect themselves from those risks, by creating an “insurance and opportunity society”.

Jacob has spent his career researching how the institutions of social protection work. He is the author of two books in this area besides The Great Risk Shift:

The Road to Nowhere: The Genesis of President Clinton’s Plan for Health Security
The Divided Welfare State: The Battle over Public and Private Social Benefits in the United States.

Jacob Hacker is Peter Strauss Family Professor of Political Science, Yale University. He is a Member of a Task Force on Inequality and Democracy, American Political Science Association. Jacob is a Co-winner of the Louis Brownlow Book Award, National Academy of Public Administration (The Road to Nowhere)