REFUND Act of 2021
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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.)
Read twice and referred to the Committee on Finance. (text: CR S2126-2127)
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 1287: REFUND Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-1287/
"S. 1287: REFUND Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1287/.
S. 1287, 117th Cong. (2026), https://openamerica.io/bill/117-S-1287/.
[S. 1287: REFUND Act of 2021](https://openamerica.io/bill/117-S-1287/)