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Circular 7 of 2024: Real-time monitoring (RTM) for 2024

The Council for Medical Schemes (CMS) hereby advises medical schemes of the deadlines for the monthly Real Time Monitoring (RTM) submissions for 2024.

Medical Schemes are also referred to the Help File for further details regarding the submission process. See the link to access Help file. All medical schemes are directed, as per the provisions of Section 44 (5)(b) of the Medical Schemes Act 131 of 1998 (the Act) to submit the required information by no later than four weeks after every month end.

The following submission dates apply for 2024:

Month Data Submission Date
January By 23 February 2024
February By 22 March 2024
March By 3 May 2024
April By 24 May 2024
May By 28 June 2024
June By 26 July 2024
July By 23 August 2024
August By 27 September 2024
September By 25 October 2024
October By 22 November 2024
November By 10 January 2025
December By 24 January 2025

Your attention is drawn to the provisions of Section 66(3) of the Act, in terms of which any medical scheme which fails to furnish the Registrar with the requisite information, shall be liable to a penalty of R1 459 (one thousand four hundred and fifty-nine rands), for every day for which the failure continues.

Download the Circular here