Changes in Collateral Pledged as Security for Federal Health

30.3 - Changes in Collateral Pledged as Security for Federal Health Insurance Accounts - (Rev. 5, 08-30-02) A1-1403.3, B1-4403.3 The CMS, Division of Contractor Financial Management (DCFM), monitors collateral requirements. DCFM continuously reviews the most recent balances maintained in the Federal Health Insurance Bank Accounts. If an increase in pledged collateral appears necessary, DCFM requests the bank to post additional collateral with its Federal Reserve Bank. If a decrease in pledged collateral appears warranted, DCFM advises the Federal Reserve Bank of the amount of excess collateral pledged. The contractor shall direct any request for release of excess bank collateral to the local Federal Reserve Bank.