Health Care: 11June2050

Authored by Francis M. Miller; Publisher: White Dwarf Communications; all rights reserved©

 

BEGIN

IN A NUTSHELL

VISION/STRATEGIES

Export Industry

COST EXPERIENCE

MARKET FORCES

DEREGULATION

DEFINED CONTRIBUTION

FUTURES CONTRACTS

TECHNOLOGY COMMONS

PRICING

MODELS OF CARE

TRANSPARENCY

INTERNET

COOPERATIVES

MORAL ECOLOGY

EVO DEVO

TRANSFORMATION

IN THE NEWS

HEADLINES

OUR NEWSLETTER

JOURNAL ABSTRACTS

BOOK REVIEWS

PEOPLE PROFILES

WEBSITES OF INTEREST

HISTORY

MEDICAL TECHNOLOGY

PUBLIC POLICIES

ESSAYS & COMMENTARY

Essay #1

FACTS & FIGURES

ECONOMICS_CONCEPTS

DENVER FUTURES EXCHANGE

LIBRARY

ESCAPE

HEALTH FUTURES CONTRACTS
A Strategy to Revolutionize the Hedging of Risk
Chicago Commodities Trading, 1900
Hedging
HISTORICAL WAYS OF LAYING OFF RISK
Risk can laid off many ways:
1. Insurance Contracts
2. Self-Insurance
3. Reinsurance
4. Hedging Contracts

Note: Most commodities are hedged through the futures market.
Chicago WaterTower

CHICAGO'S CENTRAL ROLE IN COMMODITIES

The location of railroads and processing plants made Chicago the central location for agricultural commodities during the 19th century. Beginning with eggs and butter, the exchanges moved into cattle, hog, corn, wheat over time. In the past thirty years, the CBOT and Chicago Merc have moved into currency and derivatives trading as the market became even more sophisticated.

The advent of electronic communications no longer necessitates the location of exchanges in London, New York or Chicago and exchanges are being started all over the World.

INTERNET RISK HEDGING

In the 1990's two major events occurred.

1) Futures contracts for insurance were engineered by CBOT.
( Preliminarily reviewed by the CFTC, never launched)

2) Internet capabilities replaced traditional computing and communications.

The future of hedging risk in areas of social insurance are soon to be irreversibly transformed and will compete side-by-side with traditional insurance contracts.

Internet-based Trading
Denver-based Health Futures Exchange (DHFEx)

DENVER FUTURES EXCHANGE

Already a high-tech mecca for cable, digital communications and research, the Rocky Mountains is the location of choice for individuals who seek a quality of life and a desire to innovate.
Our vision is a two-pronged strategy:
1) Pioneer the hedging of risk using futures contracts. and
2) Use Colorado's Foreign Capital Deposit Laws as a vehicle to attract capital for reserves.
All snail mail to White Dwarf Communications, USPO Box 143, FranKtown, Colorado, USA, 80116.
E-mail, with complete name/address/permission to reprint to francismiller@comcast.net

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