managed competition

noun

1. a strategy for healthcare delivery whereby costs are reduced by fostering competition between providers of managed-care contracts for large employers.

Example Sentences

The group developed a care approach known as “managed competition,” in which regulations were intended to work in tandem with the market to contain costs.

Read more on Washington Post

After Mr. Clinton’s election, Dr. Ellwood, the economist Alain C. Enthoven and others devised the blueprint for the administration’s “managed competition” health reform proposal.

Read more on New York Times

“The best outcome for U.S.-China relations is likely managed competition — an accommodation that avoids military conflict while allowing for limited cooperation,” it reads.

Read more on New York Times

The Nations League may feel like a lukewarm, managed competition for those on the outside.

Read more on The Guardian

If the exchanges represent the best managed competition can do, it’s no wonder many have concluded that the smarter move is to further expand public insurance programs, as we’ve been doing for decades under Democratic and Republican administrations alike.

Read more on Slate