Behind the Ticker: Milliman's 2 ETFs Built to Keep Pace with Healthcare Inflation

An episode of ETF.com's Behind the Ticker in which Adam Schenck of Milliman Financial Risk Management discusses MHIG and MHIP, the firm's first ETFs issued under its own name. The funds are built on Milliman's healthcare actuarial work and its Retiree Health Cost Index and Medical Index, with MHIG seeking to match healthcare cost trend and MHIP targeting trend plus 2%. The conversation covers the portfolio's four building blocks and how individuals, advisors and institutions such as health insurers and employer plans might use the funds.

1. Milliman has tracked healthcare costs since the 1950s, and healthcare costs have risen faster than most people's raises for nearly two decades, per the episode.
2. MHIG aims to match healthcare trend while MHIP targets trend plus 2%.
3. The portfolio is described as having four building blocks.
4. The funds are pitched at individuals, advisors and institutions including health insurers and employer plans managing healthcare reserves.