H.R. 4178 · 116th Congress

Recovering Excessive Funds for Unused and Needless Drugs Act of 2019

Stage
In committee
Introduced
2019-08-09
Latest action
2019-08-12 · Referred to the Subcommittee on Health.

Summary

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.)