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Comment for Proposed Rule 89 FR 48968

  • From: Darin M
    Organization(s):

    Comment No: 74051
    Date: 8/5/2024

    Comment Text:

    I am writing to express my strong opposition to the proposed ban on election markets. Some of these markets proposed by Kalshi would focus on elections that have an indirect effect on healthcare legislation and policy changes.

    I would rely on Kalshi's prediction markets to anticipate shifts in healthcare regulations and forecast impacts on patient care and organizational strategies. Not only thinking about the valuable insights into upcoming policy changes that they would provide, but also the foresight into funding allocations that influence healthcare delivery and operational planning.

    For example, during recent discussions on Medicare reimbursement reforms, Kalshi's market predictions could potentially accurately forecasted potential changes in reimbursement rates, guiding resource allocation and strategic decision-making. I recommend the CFTC to extend the comment period to gain more comments from professionals like myself and construct a more well-rounded decision.

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