| managed competition |
Centralized management of the distribution of goods and services from various providers. It is often considered to be synonymous with a market-based approach because it allows consumers to choose from among competing health plans. In the context of national health care reform, it would include a defined package of basic benefits with supplemental options.
Ãâó: www.tcc.state.tx.us/impact/glossary.html
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| managed competition |
A health insurance system that bands together employers, labor groups and others to create insurance purchasing groups; employers and other collective purchasers would make a specified contribution toward insurance purchase for the individuals in their group; the employer's set contribution acts as an incentive for insurers and providers to compete
Ãâó: www.tpmm.com/solutions/patient/glossary/insurance/...
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| managed competition |
Under managed competition, a public-sector agency competes with private-sector firms to provide public-sector functions or services under a controlled or managed process. This process clearly defines the steps to be taken by government employees in preparing their own approach to performing an activity. The agency's proposal for providing the service, which includes a bid proposal for cost-estimation purposes, is useful in competing directly with private-sector bids.
Ãâó: emissary.acq.osd.mil/inst/share.nsf/Glossary
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