Regulatory Alerts2011-04-21
Added
Circular PI/MA-21/4/2011 – Discounts
The Registrar of Medical Aid Funds permits discounted membership fee structures for entire membership groups and individual members, provided the discounts are based on risk assessment. Such structures must be clearly defined in the fund's rules and approved by the Registrar. The practice of offering discounts solely to entice new groups or retain existing ones remains prohibited as a contravention of Regulation 3(1).
More like this from NAMFISA
We email you every new NAMFISA publication the day it's published.
Topics
Share