Vol 28 Issue 3
Mon, 3 Dec 2018

Contents
- Message from the Principal Officer;
- New Board of Trustees;
- Committee Members;
- Other points of discussion ;
1. Message from the Principal Officer.
The Nammed Annual General Members Meeting was held on the 14 June 2018 and I am pleased to confirm that the Fund ended the 2017 financial year with a positive financial result. The Fund continued to improve its position above the five year objectives set by the Board of Trustees. For the 2017 financial year the Fund ended the period with a surplus of N$ 25.2m of which N$7.5m was generated by investment income.
Please find more here.
Side Pannel

Life Stages

Age
18-25
18-25

Starters
- Beginning Employment.
- Low - Medium Income,
- Low Health needs,
- For unexpected medical needs.

Age
26-35
26-35

Nest Builders
- Seek value rather than cheapest option.
- Need cover for expected medical needs for the young family..

Age
36-55
36-55

Mid-Lifers
- Middle to High income levels,
- Medical Aid is a routine monthly expense,
- stable health needs,

Age
56-60
56-60

Grey Foxes
- Moving towards retirement,
- Health risks and prevalence of chronic diseases increasing,

Age
61+
61+

Wise Owls
- Members approaching or in retirement,
- Increased prevelance of chronic diseases,
- Greater importance of extent of cover for major medical events like knee & hip replacements.
