Latest Newsletter for December 2017

Dear Members

The Board of Trustees of the Napotel Medical Aid Fund would like to take this opportunity to thank all members for their loyal support and continuous feedback on the Fund benefits. The feedback received plays a very important role, as the information is used as part of the annual benefit review process.

The performance of the Napotel Medical Aid Fund and its long term sustainability like any other like business organization is influenced by factors such as medical inflation, claims, demographics and ageing of the fund. Sound financial position of the Fund is critical to provide members with peace of mind and also to meet the regulatory requirements as set by the Registrar of Medical Funds/Namfisa. These factors are all considered annually by the trustees in consultation with fund actuaries when determining the proposed percentage increase in contributions and improvement of benefits. The benefit enhancements of the Fund for members is a fine balanced between the impact on contributions and the affordability of members...Readmore

Download and read the December Newsletter 2017