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