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The difference is that in the General Hospital, the government pays Siloam a capped price per patient for a given condition; in Lippo Village most patients pay for themselves.Siloam is part of a booming private business for hospital care in Asia.
The perverse result is that the capped price can be higher than the level achieved without caps (see chart 2)—and that the average long-term capped price may be higher than the uncapped price.For all this, there may be a silver lining in the cloud.
UnitedHealth is paying some doctors a capped price for cancer treatment, to discourage them from prescribing drugs that bring little benefit.
The utility wants to charge customers the difference between what it paid for electricity in the open market and the capped price it charged customers from June through October.
Recently, some homeowners have been tempted by offers of so-called home heating oil insurance offered by a heating oil dealer who promises a capped price for the fuel, if consumers pay a premium upfront.
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Mr. Belchak said 60percentt of West Haven's students received free or reduced-priced lunches, which have capped prices because they are funded by the federal government.
In the competition to win residential customers, suppliers have offered fixed and capped price-deals that offer insulation from the full impact of price increases and they have attracted 5m customers.Households are switching suppliers in record numbers and there are savings topping £100 a year still on the table for some.
Rates paid by customers of San Diego Gas and Electric surged before the state Legislature temporarily capped prices for residents and small businesses.
But industry experts point out that consumers can arrange capped prices without paying extra for the service.
While the price of heating oil has been rising, many New York area dealers have capped prices to regular customers at about $1.50 a gallon.
Pennsylvania's electric competition law requires GPU to offer power at previously capped prices to customers who do not shop around for competitive electricity rates.
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