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
1Age-related macular degeneration (AMD) — both dry and wet forms, coded across the H35.31 through H35.32 range
2Glaucoma — spanning the H40 range through H42
3Retinoblastoma — 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
+ 1 more indications

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This policy is now in effect (since 2025-11-26). Verify your claims match the updated criteria above.

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.

+ 3 more action items

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Sample Version Diff Line-by-line changes
Previous VersionCurrent Version
Coverage is considered experimental and investigational for all indicationsCoverage is considered medically necessary when specific criteria are met
Prior authorization is not requiredPrior authorization is required for initial treatment
Documentation must include clinical historyDocumentation must include clinical history
+ 1 more action items

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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
+ 2 more codes

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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
+ 1 more codes

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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.


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