Patience Makwele
THE Namibia Health Plan (NHP) says it has strengthened its financial position and governance as it seeks to improve access to healthcare services for its more than 82,000 beneficiaries across the country.
The medical aid fund announced the developments during its Annual General Meeting (AGM) in Windhoek, where members adopted the 2025 audited financial statements and elected two new trustees to serve on the Board for the next three years.
The Board Chairperson Sabrina Jacobs said the fund’s improved financial performance was driven by steady membership growth, prudent cost management and measures aimed at ensuring long-term sustainability.
According to the fund’s annual report, NHP recorded insurance revenue of more than N$2.28 billion during the 2025 financial year and posted an overall surplus of N$197.8 million, strengthening its reserves to N$674.3 million.
Jacobs said the improved financial position places the fund in a stronger position to meet its obligations to members while safeguarding it against future uncertainties.
“The Fund delivered sound financial performance in 2025, underpinned by steady membership growth and a clear focus on cost containment and utilisation management. This improvement contributed to a notable strengthening of the Fund’s solvency ratio,” she said.
The AGM also reviewed NHP’s transition to Universal Care as its managed care provider, with the fund describing the move as part of its long-term strategy to improve sustainability while protecting members’ access to healthcare services.
During the meeting, Simeon Iifo was elected Human Resources Trustee, while Dr Nils Kock was appointed Medical Practitioner Trustee. Both will serve three-year terms on the Board of Trustees.
Stakeholders, including healthcare providers and regulators, also participated in a panel discussion on safeguarding member access to healthcare and ensuring the long-term sustainability of medical aid funds amid a changing healthcare environment.
The fund said it remains committed to expanding access to preventative healthcare through wellness programmes, chronic disease management initiatives and member education aimed at improving health outcomes.
Established in 1997, NHP is one of Namibia’s largest private medical aid funds, providing healthcare cover to more than 82,000 beneficiaries through over 40,000 principal members.
Looking ahead, the fund said it will continue strengthening its service delivery, improving access to healthcare services and maintaining sound governance to ensure the long-term sustainability of the scheme.
