ManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesSamMeghanCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality ExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeAdverseSelectionCause ofmarketfailure due toasymmetricinformationHanmoMargaretJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationPublicgoodNon-rivaland non-exclusiveCarolynJuliaEstafaniaSelfinsuredPlansemployercovers allmedicalclaimsAllisonUmmulKhairiGraceKodyAmyShelbyUnderinsuredBare-bonesinsuranceplans canlead to thisJennaCherrypickingInsurersexcludecertainpeople fromcoverageMosalewaAishaOluchiGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesSamMeghanCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality ExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeAdverseSelectionCause ofmarketfailure due toasymmetricinformationHanmoMargaretJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationPublicgoodNon-rivaland non-exclusiveCarolynJuliaEstafaniaSelfinsuredPlansemployercovers allmedicalclaimsAllisonUmmulKhairiGraceKodyAmyShelbyUnderinsuredBare-bonesinsuranceplans canlead to thisJennaCherrypickingInsurersexcludecertainpeople fromcoverageMosalewaAishaOluchiGovernmentInterventionpromoteefficiency orequity in timesof marketfailures

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