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Medicare has regulated prices for decades.
Endowed with emergency powers, he regulated prices and bought up surpluses.
"The commission will seek the phasing-out of below-cost regulated prices by 2016.
These early American taverns were under the strict guardianship of the government, which regulated prices.
He made only one major compromise, that hospitals and doctors would determine the "reasonable charges" for costs rather than the government doing so through regulated prices.
The Chinese government raised regulated prices of gasoline and diesel by nearly 10percentt on Nov. 1, to the yuan equivalent of $2.65 a gallon.
Firms which were located in the two insurance districts where service vouchers were piloted had regulated prices.
Our study shows that quality was decreased due to the reform which regulated prices but also initiated free choice of patients.
The major difference is the pricing – the service voucher scheme had regulated prices while in competitive bidding, prices were defined by firms in their tenders.
When prices are regulated, prices do not have a strategic role and competition among providers is solved via quality to increase market share [10].
A firm which declines to accept regulated prices and/or fails to meet minimum quality requirements will not be contracted with Kela and thus may not produce physiotherapy for the disabled individuals financed from NHI.
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