Actuarial firm Milliman FRM has turned the rising cost of healthcare into a tradable asset class. The firm just launched two novel ETFs on the New York Stock Exchange: the Milliman Healthcare Inflation Guard ETF ($MHIG) and the Milliman Healthcare Inflation Plus ETF ($MHIP). This is a rare, direct play on the structural inflation that plagues the American medical system.

The strategy weaponizes Milliman's proprietary health cost benchmarking data, which insurers and providers have relied upon since 1956. Bret Linton of Milliman notes that the firm is combining its actuarial intelligence with its institutional managed risk capabilities to create these instruments. $MHIG is designed to simply match the relentless pace of healthcare inflation, while $MHIP is engineered to generate returns that actively exceed that rate. In an environment where traditional inflation hedges often fail to capture sector-specific pain, Milliman is offering a highly targeted tool. They are betting that the cost of keeping the population alive will continue to outpace the broader economy.

Source: Video - Milliman Launches First ETFs to Fight Rising Healthcare Costs