Regulatory Alerts2004-01-21
Added
Circular-PI-MA-1-2004 – Boards of Medical Aid Funds
The Registrar of Medical Aid Funds requires that principal officers of open medical aid funds hold qualifications and job descriptions equivalent to those of principal officers in insurance companies. Appointments must be full-time and strictly prohibit individuals who are directors, members, employees, or officials of the fund's administrator or its service providers from holding these positions. All such appointments must be submitted to the Registrar's office by March 31, 2004.
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