Legis Daily

REFUND Act of 2019

USA116th CongressS-551| Senate 
| Updated: 2/25/2019
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (4)
Mike Braun (Republican)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Rob Portman (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Recovering Excessive Funds for Unused and Needless Drugs Act of 2019 or the REFUND Act of 2019 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.)
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Timeline
Feb 25, 2019
Introduced in Senate
Feb 25, 2019
Read twice and referred to the Committee on Finance. (text: CR S1439)
Aug 12, 2019

Latest Companion Bill Action

HR 116-4178
Referred to the Subcommittee on Health.
  • February 25, 2019
    Introduced in Senate


  • February 25, 2019
    Read twice and referred to the Committee on Finance. (text: CR S1439)


  • August 12, 2019

    Latest Companion Bill Action

    HR 116-4178
    Referred to the Subcommittee on Health.

Health

Related Bills

  • HR 116-4178: REFUND Act of 2019
Accounting and auditingCivil actions and liabilityGovernment trust fundsHealth care costs and insuranceHealth information and medical recordsInflation and pricesMedicarePrescription drugs

REFUND Act of 2019

USA116th CongressS-551| Senate 
| Updated: 2/25/2019
Recovering Excessive Funds for Unused and Needless Drugs Act of 2019 or the REFUND Act of 2019 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.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 25, 2019
Introduced in Senate
Feb 25, 2019
Read twice and referred to the Committee on Finance. (text: CR S1439)
Aug 12, 2019

Latest Companion Bill Action

HR 116-4178
Referred to the Subcommittee on Health.
  • February 25, 2019
    Introduced in Senate


  • February 25, 2019
    Read twice and referred to the Committee on Finance. (text: CR S1439)


  • August 12, 2019

    Latest Companion Bill Action

    HR 116-4178
    Referred to the Subcommittee on Health.
Richard J. Durbin

Richard J. Durbin

Democratic Senator

Illinois

Cosponsors (4)
Mike Braun (Republican)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Rob Portman (Republican)

Finance Committee

Health

Related Bills

  • HR 116-4178: REFUND Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingCivil actions and liabilityGovernment trust fundsHealth care costs and insuranceHealth information and medical recordsInflation and pricesMedicarePrescription drugs