JuliaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality JennaMeghanOluchiMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationAdverseSelectionCause ofmarketfailure due toasymmetricinformationSamSelfinsuredPlansemployercovers allmedicalclaimsShelbyKodyCarolynEstafaniaCherrypickingInsurersexcludecertainpeople fromcoverageUnderinsuredBare-bonesinsuranceplans canlead to thisPublicgoodNon-rivaland non-exclusiveGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresHanmoAishaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MosalewaManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUmmulKhairiMargaretGraceExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeAmyJuliaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality JennaMeghanOluchiMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationAdverseSelectionCause ofmarketfailure due toasymmetricinformationSamSelfinsuredPlansemployercovers allmedicalclaimsShelbyKodyCarolynEstafaniaCherrypickingInsurersexcludecertainpeople fromcoverageUnderinsuredBare-bonesinsuranceplans canlead to thisPublicgoodNon-rivaland non-exclusiveGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresHanmoAishaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MosalewaManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUmmulKhairiMargaretGraceExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeAmy

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