(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.
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This is the insurers response to adverse selection and moral hazard.
Cherry-picking
When does a market become inefficient?
Market failure
Yosef
Avery
Describes responsive change in demand/supply due to change in price
Elasticity
People with
Underinsured
Individuals who have health insurance will over utilize healthcare
Moral Hazard
This happens when people who need insurance the most sign up for the most comprehensive coverage
Adverse selection
Ways in which insurers control provider payments
Cost containment strategies
HIPAA protected from this
Job-lock
Dagmawit
A way to correct market failure
Government Intervention
A cause of market failure that is non-rival and non-exclusive
Public Good
Aisha
What types of insurance are exempt from state regulations or protections?
Self-insured plans
Gatekeeping is one way of doing this...
Utilization control
Bridget
Summer
Yael
Lavinia
Josephine
What is the most common type of health insurance structure today?
Managed Care
Alexa
Olivia
My'kael
Lucas
Happens when cost and benefit of a transaction is born by people who did not participate
Externality