S. 1287 · 117th Congress
REFUND Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Recovering Excessive Funds for Unused and Needless Drugs Act of 2021 or the REFUND Act of 2021
What it does: CRS summary · Introduced in Senate · Apr 21, 2021
Recovering Excessive Funds for Unused and Needless Drugs Act of 2021 or the REFUND Act of 2021
This bill requires drug manufacturers to issue rebates to the Centers for Medicare & Medicaid Services (CMS) in relation to discarded amounts (i.e., amounts remaining after administration) of single-dose vial drugs that are covered under Medicare. Manufacturers that fail to comply are subject to civil penalties.
The CMS must determine rebate amounts based on payment claims from providers. (Currently, providers may receive payment under Medicare for discarded amounts of single-dose vial drugs through the use of a specific claims modifier.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: REFUND Act of 2021
Also known as: Recovering Excessive Funds for Unused and Needless Drugs Act of 2021
Latest action (Apr 21, 2021): Read twice and referred to the Committee on Finance. (text: CR S2126-2127)
Policy area: Health · Origin: Senate · Introduced: Apr 21, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.