The concept of managed competition has been influential in shaping health reform proposals and the health benefits that employers offer to their workers.

The theory of managed competition has played a large role in health reform proposals and in how individual employers structure their health benefits packages. A fundamental premise of managed competition is that employers should offer multiple health plans and then allow employees to weigh the incremental price differences between...

On these quite intensive days for Government and the Parliament we deem it relevant and appropriate to reflect upon the issue of competition. This word has been frequently abused and idolized as the goal of any market process instead of being considered an instrument, a process regulated for the benefit...

How should regulators approach the competitive transformation of network industries? The temptation is to "manage" the competitive transition to determine the outcome of competition. Thus, paradoxically, deregulation often brings increased regulatory intervention in the marketplace and correspondingly greater administrative costs and market inefficiencies. The result is neither fish nor fowl,...

At this Bradley Lecture, Walter Russell Mead will discuss why the core institutions, ideas and expectations that shaped American life for the 60 years after the New Deal don’t work anymore.

By next year, about two-thirds of American physicians will be working as salaried employees of large groups and hospitals. This movement has been underway for years. Over the last decade, the number of independent physicians was falling by about 2% a year. But these trends are now accelerating. 

Last year's repeal of the final remaining vestige of Regulation Q, the prohibition of payment of interest on business demand deposits, at long last completed a pro-competitive process which began with the Monetary Control Act of 1980.  The repeal was and is a good idea.  We can easily see this by asking and answering half a dozen simple questions, to make the matter clear.

The journeyfrom regulation to a truly deregulated market is costly,and the alternative of managed competition is surely costlier.