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"cost containment" is a correct and usable phrase in written English.
You can use it any time you need to refer to the process of minimizing or limiting costs. For example: "The company has implemented a cost containment policy in order to reduce expenditures and increase profits."
Exact(48)
Consumer driven health plans also contain provisions for cost containment.
The budget line calls it Fringe Benefit Cost Containment.
Universal coverage also undercuts the president's mantra of cost containment.
"We're focusing on cost containment," Mr. Hanley said.
Most have not been aggressively pushing cost containment proposals.
Areas like medical cost containment and pharmacy management expanded, however.
Similar(12)
Why cost-containment received short shrift in health care reform.
But Medicare Advantage has strayed far from its original cost-containment goals.
This cost-containment commission now appears to be a centerpiece of the administration's health care goals.
But his solution would stress cost-containment over assuring coverage for all.
"It's the best cost-containment measure we can get," she said.
Related(20)
price containment
cost deduction
capital containment
cost content
cost mitigation
cost constraint
compensation containment
cost isolation
expense containment
cost familiarity
cost control
cost container
reimbursement containment
cost restriction
cost safety
cost biosafety
cost enclosure
cost limit
cost envelope
cost segregation
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com