TL;DR: Aetna modified CPB 0706 for anecortave acetate (Retaane), effective November 26, 2025. The drug remains non-covered for all indications — here's what billing teams need to know before submitting claims.
Aetna, a CVS Health company, updated CPB 0706 — its coverage policy governing anecortave acetate (Retaane) — with an effective date of November 26, 2025. The policy classifies anecortave acetate as experimental, investigational, or unproven for age-related macular degeneration, glaucoma, and retinoblastoma. If your practice treats any of these conditions and has explored Retaane as a treatment option, expect a claim denial. There are no covered indications under this policy.
Quick-Reference Table
| Field | Detail |
|---|---|
| Payer | Aetna, a CVS Health company |
| Policy | Anecortave Acetate (Retaane) — CPB 0706 |
| Policy Code | CPB 0706 |
| Change Type | Modified |
| Effective Date | November 26, 2025 |
| Impact Level | Low — no covered indications exist; impact is highest for any practice that billed or planned to bill for Retaane |
| Specialties Affected | Ophthalmology, Ocular Oncology, Retina Specialists |
| Key Action | Do not submit claims for anecortave acetate under any ICD-10 code listed below — denials are guaranteed under this policy |
Aetna Anecortave Acetate Coverage Criteria and Medical Necessity Requirements 2025
The short answer on medical necessity for anecortave acetate under Aetna's coverage policy: there is none. Aetna does not recognize any clinical scenario where anecortave acetate meets medical necessity standards. The drug has no covered indications under CPB 0706.
This is not a situation where prior authorization could unlock coverage. Prior authorization only applies when a payer considers a service covered but wants to review it first. When a payer classifies a drug as experimental or investigational — as Aetna does here — prior authorization is not a path to reimbursement. Submitting a prior auth request for Retaane will not change the outcome.
The three indications Aetna explicitly calls out — age-related macular degeneration, glaucoma, and retinoblastoma — are the conditions most likely to appear on a claim. If your practice is treating any of these with anecortave acetate, you need to have a payer coverage conversation with the patient before the visit, not after the claim comes back denied.
The Aetna anecortave acetate coverage policy has related policies worth reviewing. CPB 0701 covers Vascular Endothelial Growth Factor (VEGF) inhibitors for ocular indications — and VEGF inhibitors are the standard of care for wet AMD where Retaane has historically been investigated as an alternative. If your retina practice is billing for anti-VEGF therapy alongside or instead of anecortave acetate, make sure your claims map to CPB 0701, not CPB 0706.
Aetna Anecortave Acetate Exclusions and Non-Covered Indications
Aetna classifies anecortave acetate as experimental, investigational, or unproven across every indication it has been studied for. The policy does not leave room for interpretation here.
The three named indications are:
| # | Excluded Procedure |
|---|---|
| 1 | Age-related macular degeneration (AMD) — both dry and wet forms, coded across the H35.31 through H35.32 range |
| 2 | Glaucoma — spanning the H40 range through H42 |
| 3 | Retinoblastoma — coded under C69.20, C69.21, and C69.22 |
The policy notes this is "not an all-inclusive list." That language matters. Aetna is signaling that any other indication for anecortave acetate would also be considered non-covered — not just the three named ones. If you're looking at an off-label use case not listed here, don't assume it's covered by omission.
The real issue with a blanket experimental designation is that it closes off every standard billing pathway. There's no appeal based on medical necessity because Aetna's position is that effectiveness has not been established — full stop. Your billing team should treat any anecortave acetate claim as a guaranteed denial under this policy.
Coverage Indications at a Glance
| Indication | Coverage Status | Relevant ICD-10 Codes | Notes |
|---|---|---|---|
| Age-related macular degeneration | Not Covered — Experimental | H35.3110–H35.3293 | Effectiveness not established per Aetna CPB 0706; no prior auth pathway |
| Glaucoma | Not Covered — Experimental | H40.001–H42 | All glaucoma types excluded; list is not all-inclusive |
| Retinoblastoma | Not Covered — Experimental | C69.20, C69.21, C69.22 | Applies to unspecified, right eye, and left eye respectively |
| Any other indication | Not Covered — Experimental | Varies | Policy explicitly states list is not all-inclusive |
Aetna Anecortave Acetate Billing Guidelines and Action Items 2025
Anecortave acetate billing under Aetna ends here. These are the steps your billing team and practice manager need to take before and after November 26, 2025.
| # | Action Item |
|---|---|
| 1 | Audit your charge capture for any anecortave acetate line items now. If your EHR or charge capture system includes Retaane as a billable drug option, flag it. Any claim submitted to Aetna for anecortave acetate after November 26, 2025 — or before it, frankly — will be denied under CPB 0706. |
| 2 | Pull any outstanding claims that include anecortave acetate before they go out the door. If you have claims in queue with ICD-10 codes H35.3110–H35.3293 (AMD), H40.001–H42 (glaucoma), or C69.20–C69.22 (retinoblastoma) paired with anecortave acetate, hold them. Submitting guarantees a denial and wastes your team's time on an appeal that has no path to reimbursement. |
| 3 | Update your superbill and payer-specific fee schedule notes to reflect this policy. Add a notation that Aetna classifies anecortave acetate as non-covered under CPB 0706. This prevents new claims from going out without your team knowing the coverage policy upfront. |
| 4 | Have a financial counseling conversation with any patient receiving Retaane. If a provider is using anecortave acetate for a clinical reason and the patient has Aetna coverage, that patient needs to understand before treatment that this drug is not covered. Get the financial agreement in writing. |
| 5 | Cross-reference CPB 0701 for VEGF inhibitor coverage. If your retina practice treats wet AMD and has been exploring Retaane as an adjunct or alternative, confirm that your anti-VEGF therapy claims map cleanly to CPB 0701. Those billing guidelines are separate from CPB 0706, and you don't want a Retaane-related audit to pull VEGF inhibitor claims into question. |
| 6 | If your practice is enrolled in any clinical trial involving anecortave acetate, loop in your compliance officer. Clinical trial billing rules are separate from standard coverage policy rules. Your compliance officer needs to confirm whether Aetna's clinical trial billing guidelines create any reimbursement pathway here — and they may not. |
| Previous Version | Current Version |
|---|---|
| Coverage is considered experimental and investigational for all indications | Coverage is considered medically necessary when specific criteria are met |
| Prior authorization is not required | Prior authorization is required for initial treatment |
| Documentation must include clinical history | Documentation must include clinical history |
| Re-review every 24 months | Re-review every 12 months with updated clinical documentation |
CPT, HCPCS, and ICD-10 Codes for Anecortave Acetate Under CPB 0706
The policy data for CPB 0706 does not list specific CPT or HCPCS procedure codes. Anecortave acetate (Retaane) is classified as experimental across all indications, so no procedure code for its administration carries a covered status under this policy.
If your team has been billing Retaane under a miscellaneous drug HCPCS code, that claim will be denied. The absence of a specific HCPCS code in this policy does not create a coverage loophole — it reflects the fact that Aetna does not intend to cover this drug under any code.
Key ICD-10-CM Diagnosis Codes Under CPB 0706
These are the diagnosis codes associated with conditions Aetna explicitly identifies as non-covered indications for anecortave acetate. Any claim pairing these codes with anecortave acetate will be denied.
| Code | Description |
|---|---|
| C69.20 | Malignant neoplasm of retina (retinoblastoma), unspecified eye |
| C69.21 | Malignant neoplasm of retina (retinoblastoma), right eye |
| C69.22 | Malignant neoplasm of retina (retinoblastoma), left eye |
| H35.3110–H35.3293 | Age-related macular degeneration (range) |
| H40.001–H42 | Glaucoma (range) |
A Note on Related Aetna Policies
CPB 0706 references four related policies. These are the covered alternatives your billing team should know:
| Policy | Topic | Relevance |
|---|---|---|
| CPB 0409 | Macular/Foveal Translocation | Surgical AMD treatment alternative |
| CPB 0594 | Visudyne (Verteporfin) Photodynamic Therapy | AMD treatment; separate coverage criteria |
| CPB 0609 | Laser Photocoagulation of Drusen | AMD-related laser treatment |
| CPB 0701 | VEGF Inhibitors for Ocular Indications | Primary AMD/ocular covered drug policy |
If your practice bills for any of these services, those policies have their own coverage criteria, prior authorization requirements, and billing guidelines. Do not assume CPB 0706's experimental designation carries over to these related treatments — it does not.
Get the Full Picture
Track this policy across versions, search 1,500+ policies by CPT code, and get real-time alerts when any payer changes coverage.