Regulatory Alerts2002-06-11
Added
Circular-PI-MA-5-2002 – Governance Healthcare
The document establishes compliance conditions for healthcare consultants and administrators of medical aid funds in Namibia. Healthcare consultants must be authorized by the Registrar, pay a N$1,000 fee, and adhere to strict disclosure and compensation rules, with authorization valid for two years. Healthcare administrators must pay a N$5,000 authorization fee, submit specific application documents including an auditor's report, and comply with interim fee caps of N$80.00 per member per month for open funds and N$43.00 for close funds. The conditions for consultants take effect on July 1, 2002, while those for administrators take effect on August 1, 2002.