KodyAllisonJennaJuliaHanmoGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresMargaretAishaOluchiShelbyAmyJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MeghanSamUnderinsuredBare-bonesinsuranceplans canlead to thisExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeUmmulKhairiCherrypickingInsurersexcludecertainpeople fromcoverageCarolynPublicgoodNon-rivaland non-exclusiveMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality GraceEstafaniaManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesSelfinsuredPlansemployercovers allmedicalclaimsAdverseSelectionCause ofmarketfailure due toasymmetricinformationMosalewaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationKodyAllisonJennaJuliaHanmoGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresMargaretAishaOluchiShelbyAmyJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MeghanSamUnderinsuredBare-bonesinsuranceplans canlead to thisExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeUmmulKhairiCherrypickingInsurersexcludecertainpeople fromcoverageCarolynPublicgoodNon-rivaland non-exclusiveMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality GraceEstafaniaManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesSelfinsuredPlansemployercovers allmedicalclaimsAdverseSelectionCause ofmarketfailure due toasymmetricinformationMosalewaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentMoralHazardInsulation fromhealthcarecosts leads toincreasedutilization

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