play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • play_arrow

    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia

NAMFISA Warns Medical Aid Schemes Against Unauthorized Contribution Increases

todayFebruary 12, 2024 2

Background
share close

The Namibia Financial Institutions Supervisory Authority cautions medical aid schemes against exceeding approved contribution percentages. NAMFISA’s release emphasizes the violation of Section 31 of the medical aid fund, stipulating that any changes to registered medical aid funds’ rules require approval from the Medical Aid Funds Registrar. This warning follows NAMFISA’s imposition of a temporary cap on certain medical funds’ annual contribution increases, restricting them to single-digit percentages.

Written by: Leonard Witbeen

Rate it

0%