The exchange-traded funds (ETFs) aim to mirror or exceed US healthcare inflation over time, drawing on internal cost indices and claims data.
Consulting and actuarial firm Milliman launched two ETFs - The Milliman Healthcare Inflation Guard ETF and the Milliman Healthcare Inflation Plus ETF - to address the rising cost of healthcare in the US. The ETFs aim to provide investors with tools to manage financial exposure to healthcare cost inflation The ETFs began trading on NYSE Arca and are advised by Milliman Financial Risk Management, which oversees approximately US$242 billion in assets as of December 31, 2025. Milliman stated th