Circular 43 of 2024: Standard guidelines on the format of business plans submitted to the Council for Medical Schemes

The purpose of this circular is to engage with the industry on the requirements of the International Financial Reporting Standard (IFRS) 17: Insurance Contracts and its effect on schemes’ business plans and management accounts.

The Council for Medical Schemes (CMS) is in the process of enhancing our standard business plan and management accounts guidelines, which are currently published on our website.

Download the full circular here.