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