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

Medical Aid Funds

7 Results / Page 1 of 1

Background
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Namibia

NAMFISA Reports N$1.24 Billion in Medical Aid Claims for Q1 2024

NAMFISA reveals that medical aid funds disbursed N$1.24 billion in claims during the first quarter of 2024, reflecting a 12% increase from the previous quarter but a 2.5% decrease year-on-year. Non-healthcare expenses decreased by 2.8% from the previous quarter but rose 3.7% annually, with administration costs remaining the highest contributor. The industry’s total assets grew by 4.1% quarter-on-quarter and 8.6% year-on-year to N$2.2 billion, while liabilities fell by 4.1% from […]

todayAugust 30, 2024 12

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Local

Understanding the Namibian healthcare funding industry

    According to the Namibian Constitution and its supporting legislation, the Minister of Health and Social Services is responsible for ensuring that the Namibian population has accessible, affordable, and appropriate healthcare. Namibia has a pluralistic health system with the public sector as the main actor, funded through the public budget by money appropriated by Parliament in the National budget and privately funded healthcare system through Medical Aid Funds by […]

todayJuly 12, 2024 16

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Namibia

NAMFISA Warns Medical Aid Schemes Against Unauthorized Contribution Increases

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.

todayFebruary 12, 2024 2

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Health / Medical

No increase in member benefit for 2024

TO ALL: MEDIA PARTNERS, HEALTHCARE PROVIDERS AND MEMBERS OF MEDICAL AID FUNDS The Namibian Association of Medical Aid Funds (NAMAF) sets benchmark tariffs on an annual basis, which tariffs are used by all medical funds to set their member benefits from year to year. NAMAF continues to set these tariffs, despite being provided with a legal opinion from Senior Counsel that the setting of these tariffs by NAMAF does not […]

todayNovember 29, 2023 202

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Health / Medical

NPPF open letter to patients and members of Namibian medical aid funds

Dear Patients and Members of Namibian Medical Aid Funds… The purpose of this communication is to provide some information on the latest developments within the Namibian private healthcare system, a system of such quality and standard that it even surpasses many systems in first-world countries. This is due in large part to a combination of excellent facilities, excellent practitioners and an excellent financial system providing a functional third-party payer (medical […]

todayNovember 16, 2023 512

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Local

The reality of the medical aid fund industry: secrecy, abuse of public power and unregulated

BACKGROUND The medical aid fund industry recently informed the public and private sector healthcare providers that medical aid funds are experiencing financial difficulties, in that the funds are experiencing higher than expected claims as from 2022 and are now using past reserves to honour claims. In a presentation by Dr Johann van Zyl, an advisor to the Namibian Association of Medical Aid Funds (NAMAF) the main driver of the recent […]

todayNovember 2, 2023 13

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