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HEALTHCARE CONSULTANTS

ABSA Health Care Consultants

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Tel: +27 (0) 12 674 8800

Fax: +27 (0) 12 663 8673

Postbox:
P O Box 1085
Centurian
0046

Calculation of liabilities, including AC116 calculations with regard to medical aid subsidies
Restructuring of medical aid subsidy liabilities
Contribution table calculations
Calculations with regard to the pre-funding of liabilities

From The Glossary »

Age Nearest Birthday:

The age, expressed as an integral number of years, of an insured policyholder, which spreads over the period from six months prior to a birthday to six months after a birthday. For example, an individual is ‘age 35 nearest birthday’ from the time he is thirty-four and six months of age until the time he is thirty-five and six months of age.

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