GovernmentInterventionpromoteefficiency orequity in timesof marketfailuresGraceExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeHanmoShelbyMosalewaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentUnderinsuredBare-bonesinsuranceplans canlead to thisPublicgoodNon-rivaland non-exclusiveManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMargaretJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality UmmulKhairiOluchiSelfinsuredPlansemployercovers allmedicalclaimsAishaCarolynAdverseSelectionCause ofmarketfailure due toasymmetricinformationCherrypickingInsurersexcludecertainpeople fromcoverageAmyJuliaMeghanEstafaniaKodySamGovernmentInterventionpromoteefficiency orequity in timesof marketfailuresGraceExternalityImpact resulting fromany action thataffects someone whodid not fully consentto it through avoluntary exchangeHanmoShelbyMosalewaCostcontainmentstrategiesmanagedcareincentiveslike capitatedpaymentUnderinsuredBare-bonesinsuranceplans canlead to thisPublicgoodNon-rivaland non-exclusiveManagedcareImposes controlsover the utilizationand costs byintegrating paymentand delivery ofservicesAllisonJob-lockconcerns of shiftingjobs because ofemployer basedhealth benefitcoverage restrictionsor preexistingconditions.MoralHazardInsulation fromhealthcarecosts leads toincreasedutilizationMargaretJennaMarketFailureImperfectinformation.Concentration ofmarket power,Consumption ofpublic goodsPresence ofexternality UmmulKhairiOluchiSelfinsuredPlansemployercovers allmedicalclaimsAishaCarolynAdverseSelectionCause ofmarketfailure due toasymmetricinformationCherrypickingInsurersexcludecertainpeople fromcoverageAmyJuliaMeghanEstafaniaKodySam

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