Medical aid funding and how contributions are utilized

A medical aid fund may be defined as a fund to which a large number of people contribute, to help with unexpected medical expenses when needed. Medical aid fund members collectively pool their risk against the very real likelihood of incurring medical expenses that would otherwise be difficult to pay out of their own pockets. Read more about Medical aid funding and how contributions are utilized[…]

What have you learned from the testimony?

NAMFISA was established by Act 3 of 2001, to regulate and supervise financial institutions. NAMFISA ensure that the consumers of financial service and product are well informed about their rights and responsibility and that they are at least know where to go, should they need assistance in that regards. Their well-being is our concern. NAMFISA Read more about What have you learned from the testimony?[…]