CarolynEstafaniaAdverseSelectionCause ofmarketfailure due toasymmetricinformationMosalewaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality SelfinsuredPlansemployercovers allmedicalclaimsSamManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUnderinsuredBare-bonesinsuranceplans canlead to thisUmmulKhairiJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.GovernmentInterventionpromoteefficiency orequity in timesof marketfailuresAishaMargaretAllisonCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMeghanExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangePublicgoodNon-rivaland non-exclusiveShelbyMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationHanmoAmyKodyJennaGraceCherrypickingInsurersexcludecertainpeople fromcoverageJuliaOluchiCarolynEstafaniaAdverseSelectionCause ofmarketfailure due toasymmetricinformationMosalewaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality SelfinsuredPlansemployercovers allmedicalclaimsSamManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUnderinsuredBare-bonesinsuranceplans canlead to thisUmmulKhairiJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.GovernmentInterventionpromoteefficiency orequity in timesof marketfailuresAishaMargaretAllisonCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMeghanExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangePublicgoodNon-rivaland non-exclusiveShelbyMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationHanmoAmyKodyJennaGraceCherrypickingInsurersexcludecertainpeople fromcoverageJuliaOluchi

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