Psemas administration tender closes

The financial sustainability of the medical aid scheme for civil servants is being investigated.
Staff Reporter
HENRIETTE LAMPRECHT

WINDHOEK

The tender for a new administrator of the Public Service Employee Medical Aid Scheme (Psemas) closed last week.

The bidding period had been extended by a month after the tender requirements were amended.

According to Johanna Kambala of the Central Procurement Board, they had received 19 requests for clarity on some of the tender requirements from interested parties.

Kambala said the board’s technical committee revised the standard bidding document and made four major changes to the selection criteria.

A requirement that the bidder must have operating capital of N$74 million was lowered to N$18.5 million.

Bidders needed three years’ experience in managing a medical aid fund, down from the original five years.

The number of members under management by the bidder was lowered from 143 500 to 50 000.

The revised bidding document was issued on 21 August and bidders were given an extra month to amend their bids, with the new deadline set for 23 September.

Members verified

Psemas currently has 287 000 beneficiaries.

Finance ministry spokesperson Tonateni Shidhudhu says 95% of Psemas beneficiaries have been verified and those who no longer qualify had their membership cancelled.

Only 75% of main members have been verified and the process continues.

Dependents older than 21 who had not submitted proof of registration as students were removed from the list of beneficiaries, he said.

Dependents over the maximum age of 25 years who are mentally challenged may remain on the medical aid fund if the necessary medical reports are submitted.

Pensioners who are in arrears with their contributions were also removed from the list, but may re-register as members once the dues are paid up.

The government is currently reviewing the medical aid fund’s rules, benefit structure, management and financial sustainability.

Shidhudhu said the outcome of the review would be announced by the end of the 2020/2021 financial year.

[email protected]

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Namibian Sun 2024-04-24

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 318.35/OZ DOWN -0.0022 | Copper US$ 4.45/lb UP +1.08% | Zinc US$ 2 835.90/T UP 1.21% | Brent Crude Oil US$ 88.03/BBP DOWN -0.0034 | Platinum US$ 900.91/OZ DOWN -0.0099 Sport results: Premier League: Arsenal 5 vs 0 Chelsea | Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce European Championships Qualifying: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday FA Cup: Coventry City 3 vs 3 Manchester United English Championship: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday Weather: Katima Mulilo: 14° | 35° Rundu: 15° | 35° Eenhana: 16° | 36° Oshakati: 17° | 34° Ruacana: 16° | 35° Tsumeb: 18° | 33° Otjiwarongo: 15° | 32° Omaruru: 16° | 34° Windhoek: 15° | 30° Gobabis: 17° | 31° Henties Bay: 15° | 20° Wind speed: 26km/h, Wind direction: S, Low tide: 09:35, High tide: 03:35, Low Tide: 21:39, High tide: 15:58 Swakopmund: 15° | 17° Wind speed: 32km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:33, Low Tide: 21:37, High tide: 15:56 Walvis Bay: 15° | 24° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:33, High tide: 03:32, Low Tide: 21:37, High tide: 15:55 Rehoboth: 15° | 32° Mariental: 19° | 33° Keetmanshoop: 19° | 32° Aranos: 19° | 33° Lüderitz: 15° | 29° Ariamsvlei: 19° | 31° Oranjemund: 12° | 20° Luanda: 26° | 28° Gaborone: 20° | 33° Lubumbashi: 14° | 27° Mbabane: 14° | 24° Maseru: 12° | 26° Antananarivo: 16° | 24° Lilongwe: 15° | 28° Maputo: 21° | 26° Windhoek: 15° | 30° Cape Town: 16° | 20° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 24° | 26° Lusaka: 17° | 29° Harare: 15° | 30° Economic Indicators: Currency: GBP to NAD 23.87 | EUR to NAD 20.54 | CNY to NAD 2.65 | USD to NAD 19.22 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.72 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.32 | USD to AOA 834.06 | USD to BWP 13.83 | USD to EGP 47.75 | USD to KES 133.98 | USD to NGN 1251.05 | USD to ZAR 19.22 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 318.35/OZ DOWN -0.0022 | Copper US$ 4.45/lb UP +1.08% | Zinc US$ 2 835.90/T UP 1.21% | Brent Crude Oil US$ 88.03/BBP DOWN -0.0034 | Platinum US$ 900.91/OZ DOWN -0.0099