ShelbySelfinsuredPlansemployercovers allmedicalclaimsManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesCherrypickingInsurersexcludecertainpeople fromcoverageAdverseSelectionCause ofmarketfailure due toasymmetricinformationSamUnderinsuredBare-bonesinsuranceplans canlead to thisGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresJennaJuliaEstafaniaHanmoGraceAishaUmmulKhairiKodyMargaretCarolynMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMeghanMosalewaOluchiAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality ExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentAmyPublicgoodNon-rivaland non-exclusiveShelbySelfinsuredPlansemployercovers allmedicalclaimsManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesCherrypickingInsurersexcludecertainpeople fromcoverageAdverseSelectionCause ofmarketfailure due toasymmetricinformationSamUnderinsuredBare-bonesinsuranceplans canlead to thisGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresJennaJuliaEstafaniaHanmoGraceAishaUmmulKhairiKodyMargaretCarolynMoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMeghanMosalewaOluchiAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality ExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentAmyPublicgoodNon-rivaland non-exclusive

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