The closing plenary of the American Society for Health Economists conference featured an awards ceremony and the national Leonard D. Schaeffer Chairs. The awards presented were: Victor R. Fuchs Award for Lifetime Achievement to Joseph Newhouse ASHEcon Medal to Amy Finkelstein Student Paper Award to Alice Chen The national Leonard D. Schaeffer chairs panel on payment reform followed. The four current chairs spoke on various aspects of payment reform, including accountable care organizations, bundled payments, benefit design and consumer-facing incentives: Dana Goldman, Leonard D. Schaeffer Director’s Chair, USC – moderator Alice Rivlin, Leonard D. Schaeffer Chair in Health Policy Studies and Director of the Engelberg Center, Brookings Institution Michael Chernew, Leonard D. Schaeffer Professor of Health Care Policy, Harvard Medical School James Robinson, Leonard D. Schaeffer Professor of Health Economics and Director of the Berkeley Center for Health Technology (BCHT), UC- Berkeley