AdverseSelectionCause ofmarketfailure due toasymmetricinformationMeghanCherrypickingInsurersexcludecertainpeople fromcoverageAishaGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresAmySelfinsuredPlansemployercovers allmedicalclaimsMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationAllisonCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentCarolynJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.PublicgoodNon-rivaland non-exclusiveSamManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesEstafaniaUmmulKhairiKodyMosalewaHanmoOluchiMargaretUnderinsuredBare-bonesinsuranceplans canlead to thisJuliaJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality GraceShelbyExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeAdverseSelectionCause ofmarketfailure due toasymmetricinformationMeghanCherrypickingInsurersexcludecertainpeople fromcoverageAishaGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresAmySelfinsuredPlansemployercovers allmedicalclaimsMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationAllisonCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentCarolynJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.PublicgoodNon-rivaland non-exclusiveSamManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesEstafaniaUmmulKhairiKodyMosalewaHanmoOluchiMargaretUnderinsuredBare-bonesinsuranceplans canlead to thisJuliaJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality GraceShelbyExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchange

Fall 2021 Economic Concepts - Call List

(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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  1. Cause of market failure due to asymmetric information
    Adverse Selection
  2. Meghan
  3. Insurers exclude certain people from coverage
    Cherry picking
  4. Aisha
  5. promote efficiency or equity in times of market failures
    Government Intervention
  6. Amy
  7. employer covers all medical claims
    Self insured Plans
  8. Insulation from healthcare costs leads to increased utilization
    Moral Hazard
  9. Allison
  10. managed care incentives like capitated payment
    Cost containment strategies
  11. Carolyn
  12. concerns of shifting jobs because of employer based health benefit coverage restrictions or preexisting conditions.
    Job-lock
  13. Non-rival and non-exclusive
    Public good
  14. Sam
  15. Imposes controls over the utilization and costs by integrating payment and delivery of services
    Managed care
  16. Estafania
  17. UmmulKhairi
  18. Kody
  19. Mosalewa
  20. Hanmo
  21. Oluchi
  22. Margaret
  23. Bare-bones insurance plans can lead to this
    Underinsured
  24. Julia
  25. Jenna
  26. Imperfect information. Concentration of market power, Consumption of public goods Presence of externality
    Market Failure
  27. Grace
  28. Shelby
  29. Impact resulting from any action that affects someone who did not fully consent to it through a voluntary exchange
    Externality