{"data":{"id":"us/42-cfr-427.505","jurisdiction":"us","citation":"42 CFR 427.505","heading":"Deadline and process for payment of rebate amount.","body":"(a) Rebate amounts owed by a manufacturer. For a rebate amount owed by a manufacturer, payment is due no later than 11:59 p.m. Pacific Time (PT) on the 30th calendar day after the date of receipt of information regarding the rebate amount on—\n(1) A Rebate Report as set forth in § 427.501(c) or § 427.502(c)(1) or (2); or\n(2) A report of a reconciled rebate amount as set forth in § 427.501(d) or § 427.502(c)(2)(ii).\n(b) Failure to pay a rebate amount. Failure to pay a rebate amount due timely and in full may result in an enforcement action as described in subpart G of this part.\n(c) Refund to the manufacturer. If a reconciled rebate amount for an applicable calendar quarter as set forth in § 427.501(d) or § 427.502(c)(2)(ii) is less than what the manufacturer paid for that applicable calendar quarter, CMS will initiate the process to provide a refund equal to the excess amount paid within 60 days of the date of receipt of the report with such reconciled rebate amount.","path":["Title 42—Public Health","CHAPTER IV—CENTERS FOR MEDICARE \u0026 MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES","SUBCHAPTER B—MEDICARE PROGRAM","PART 427—MEDICARE PART B DRUG INFLATION REBATE PROGRAM","Subpart F—Reports of Rebate Amounts, Reconciliation, Suggestion of Error, and Payments"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-42.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:11Z","sha256":"422d87217044178d4fb0abca876b63c29ade784e9f3b6349876027e5e363d3b2","source_id":"us-cfr","stale":true,"prev":"us/42-cfr-427.504","next":"us/42-cfr-427.600"},"notice":"GroundRules: Original legal text. Not legal advice."}