New ETFs from Milliman aim to help individuals, companies, and governments manage rising healthcare costs. The funds, MHIG and MHIP, will invest in health industry equities, Treasurys, and more. Healthcare expenses have outpaced inflation, pushing the need for innovative solutions to fund future expenses.

The two new ETFs by Milliman are designed to address the financial risks posed by increasing healthcare costs in the US. MHIG and MHIP will invest in a mix of assets to meet healthcare expenses for individuals over time. Healthcare stocks have seen a rebound, with the S&P 500 Health Care Index up 13% year to date.

Lifetime healthcare costs for a 65-year-old couple retiring in 2025 are estimated at $588,000, not including long-term care or dental treatments. Healthcare costs have been rising faster than inflation, increasing by 7% to 8% annually. The new ETFs aim to provide a solution to the growing financial burden of healthcare expenses.

The rising costs of healthcare are a systemic issue affecting individuals, insurance companies, and governments alike. The new ETFs from Milliman seek to address this challenge by offering innovative investment solutions to help individuals save for future healthcare expenses. The need for financial planning for healthcare costs is becoming increasingly urgent as expenses continue to rise.

Read more at Yahoo Finance: New ETFs Aim to Help Investors Pay for Rising Healthcare Costs