managed competition

American  

noun

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

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Example Sentences

After the election, health policy experts on his transition team fleshed out his approach, called managed competition, to try to slow medical costs and foster universal coverage.

From Washington Post • Aug. 25, 2016

Under managed competition, health plans must be community rated.

From Forbes • Jun. 17, 2015

The cost savings from managed competition are hypothetical and uncertain – in fact, there are reasons to fear that such a system could actually increase costs.

From New York Times • Dec. 30, 2011

Among the layoffs are 282 from Preckwinkle's office, including 180 custodial positions due to "managed competition" that she hopes could save $2.5 million.

From Chicago Tribune • Oct. 25, 2011

The most surprising opposition has come from some of the intellectual parents of managed competition: the idea of grouping consumers and doctors into huge pools that would bargain with insurers over premiums and coverage.

From Time Magazine Archive