PublicgoodNon-rivaland non-exclusiveJuliaAmyGraceManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUmmulKhairiCherrypickingInsurersexcludecertainpeople fromcoverageUnderinsuredBare-bonesinsuranceplans canlead to thisJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality AllisonMosalewaGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresEstafaniaOluchiCarolynMargaretAdverseSelectionCause ofmarketfailure due toasymmetricinformationHanmoJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.AishaShelbySamMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMeghanKodyExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentSelfinsuredPlansemployercovers allmedicalclaimsPublicgoodNon-rivaland non-exclusiveJuliaAmyGraceManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesUmmulKhairiCherrypickingInsurersexcludecertainpeople fromcoverageUnderinsuredBare-bonesinsuranceplans canlead to thisJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality AllisonMosalewaGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresEstafaniaOluchiCarolynMargaretAdverseSelectionCause ofmarketfailure due toasymmetricinformationHanmoJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.AishaShelbySamMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMeghanKodyExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentSelfinsuredPlansemployercovers allmedicalclaims

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