Definitions for "Cost Containment"
features of a dental benefit program or of the administration of the program designed to reduce or eliminate certain charges to the plan.
Efforts by purchasers and by providers to control health care costs through mechanisms such as benefit design, pre-admission certification, pre-admission testing, and concurrent review programs; second opinion programs; discharge planning; claims audits, case management, and employee education.
this phrase became the watch word of the 80's as the cost of medical services rose so rapidly that buyers of insurance called for restrain of charges. Efficiency and reduction of profits were the two main strategies to reduce contain costs. Rationing of services was not openly practiced, but there are examples of denying medical service for the purpose of reducing costs.
Keywords:  management, see
See cost management.