Managed competition definition

Managed competition means a competitive process between a state agency and the private sector

Managed competition means a competitive process between a state agency and the private sector in which (i) the state agency submits its own proposal after completing the fully allocated cost of the commercial activity and (ii) the proposal is based on its most efficient proposed organization to compete with a private sector bid or proposal for the provision of the commercial activity.

Managed competition means a competitive process between a state agency and the private sector in which (i) the state agency submits its own proposal after completing the fully allocated cost of the commercial activity and (ii) the proposal is based on its most efficient proposed

Examples of Managed competition in a sentence

• National and municipal political leaders should consider the great value of transport-related data and the role of digital technologies for solving problems—not only in the transportation sector but also those caused by its poor performance.

• The percentages of payment applicable to Covered Expenses for the various categories of services payable under this Policy are shown in the "SCHEDULE OF BENEFITS".

• Managed competition was adopted without legislation and with little advance preparation.

• The programs were categorized into five groups: • Utility management;• Internal improvement;• Contract management;• Managed competition; and• Other contracted services.

• Managed competition relies on a sponsor to structure and adjust the market for competing health plans, to establish equitable rules, to create price-elastic demand, and to avoid uncompensated risk selection.Fuchs V.R. (1983).

More Definitions of Managed competition

Managed competition means a process by which

Managed competition means that big insurance companies will put together huge conglomerates of health-care institutions, hospitals, clinics, labs and so on. Various bargaining units will be set up to determine which of these conglomerates to work with. That's supposed to introduce some kind of market forces.

Managed competition means transparent, open competitive bidding for service contracts by independent contractors and municipal departments.

Managed competition means a competitive process between a

Managed competition means a process that allows both state government entities or units and nonstate entities to provide bids for government services. The process may result in multiple providers. The process shall take into account the true cost accounting costs for state government entities. The use of managed competition shall not preclude the use of other entrepreneurial steps in any area.

Managed competition means the process established in section 11 of this act by which state employees compete with private entities for the provision of services, other than core services, traditionally provided by government.

Managed competition means a process that allows both state agencies and other enti- ties to submit competitive bids to provide designated state services, which process takes into account the true cost-accounting costs for state agencies. Managed competition may result in multiple providers, which may be state agencies or nongovernmental entities, of the same designated state service to state agencies. The use of managed competition shall not preclude the use of other entrepreneurial steps in any area.