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Circular 10 of 2022: Standard guidelines on the format of business plans submitted to the CMS

The Council for Medical Schemes (CMS) would like to express its appreciation to the industry for using the standard guidelines when preparing submissions to the office.

The CMS is in the process of enhancing these guidelines, which are currently published on our website:

  • Guideline for the preparation of a business plan pursuant to an application for the registration of a new medical scheme as per Section 22 of the Medical Schemes Act (click here);
  • Guideline for the preparation of a business plan pursuant to an application for the registration of a new/restructured benefit option(s) as per Section 33 of the Medical Schemes Act (click here);
  • Guideline for the preparation of a business plan pursuant to an application for an amalgamation of medical schemes as per Section 63 of the Medical Schemes Act (click here);
  • Guideline for the preparation of a business plan where a medical scheme is not meeting the statutory solvency requirements as per Regulation 29 of the Medical Schemes Act (click here);
  • Guideline to the trustees for the submission of reinsurance contracts with registered insurers to the Registrar of Medical Schemes in terms of Section 20(3) of the Medical Schemes Act (click here); and
  • Guideline for the preparation of Standard Management Accounts (click here).

The CMS calls upon all medical schemes and other interested parties to submit comments and suggestions regarding these guidelines on or before 25 February 2022 to z.mthethwa@medicalschemes.co.za.

Download the Circular here.

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