Drug Trend · Retina / Ophthalmology
Every Medicare Part B payment limit CMS has published for J0178 — 55 quarters since Q1 2013, about 14 years of pricing on one axis, with the biosimilars alongside. Public CMS data with our change framing; no contracted rates.
The highest-volume buy-and-bill franchise in retina. The original code launched near $980/mg in 2013 and has eroded roughly a quarter of its payment limit since, with biosimilar entry (Pavblu) and the HD formulation now splitting the franchise three ways — three codes, three different margin profiles.
CMS payment limit (ASP + 6% basis) by quarter, as published.
Every code carries its own payment limit — same-molecule economics can differ by 50%+ between products.
| HCPCS | Product | In file since | Current limit | vs J0178 |
|---|---|---|---|---|
| J0177 | Eylea HD (aflibercept hd) | Q2 2024 | $298.683 | -60% |
| Q5147 | Pavblu (aflibercept-ayyh) | Q2 2025 | $803.255 | 8% |
At the Q3 2026 limit of $743.605 per 1 mg, the implied ASP is about $701.514 and the on-paper add-on is $42.091 per 1 mg. After the 2% sequester on Medicare’s 80% share, the effective add-on is roughly 4.3% of ASP — about $30.165 per 1 mgwhen the full allowable is collected. Whether that covers your carrying cost, waste, and denials depends on your acquisition price against ASP — which is exactly the number the payment limit can’t see, and the comparison the practice X-Ray runs with your actuals.
Dose math. Wet AMD: 2 mg intravitreal every 8 weeks after three monthly loading doses — 2 billing units per injection (1 mg/unit). At the Q3 2026 limit of $743.605 per 1 mg, a typical 2-unit dose carries a Medicare allowable of about $1,487.21 — Medicare pays ~$1,165.973 after the sequester, and ~$297.442 rides on coinsurance collection. Part B spent $3.15 billion on J0178 in 2023 across 339,144 beneficiaries (CMS Part B drug-spending data).
Administration. 67028 — intravitreal injection (CMS billing article A53387); append LT/RT per eye.
Waste modifiers. Single-dose container — JW (documented discard) / JZ (no waste) modifiers required since July 2023. Run your own numbers on the buy-and-bill calculator.
The coding & patient-cost side. This page covers the provider-margin story; for Eylea’s full billing reference — dosing conversions, modifiers, admin CPT detail, payer policies, and what the patient owes — see Eylea on CareCost Estimate, our billing-reference sister site.
Where J0178stands in the national payers’ published sourcing programs (the office-vs-hospital setting distinction most coverage misses):
State law is the other half: the white-bagging laws-by-state tracker — 11 states currently ban payer sourcing mandates outright.
All 55 published quarters for J0178, newest first, as published per file version.
| Quarter | Limit ($/1 mg) | QoQ |
|---|---|---|
| Q3 2026 | 743.605 | +1.6% |
| Q2 2026 | 731.885 | -4.2% |
| Q1 2026 | 763.901 | -1.0% |
| Q4 2025 | 771.558 | -2.3% |
| Q3 2025 | 790.037 | -0.7% |
| Q2 2025 | 795.861 | -0.6% |
| Q1 2025 | 801.065 | -2.5% |
| Q4 2024 | 821.98 | -1.6% |
| Q3 2024 | 835.399 | -0.7% |
| Q2 2024 | 841.128 | -2.5% |
| Q1 2024 | 862.28 | -0.7% |
| Q4 2023 | 868.241 | -0.8% |
| Q3 2023 | 875.67 | -2.0% |
| Q2 2023 | 893.551 | -0.5% |
| Q1 2023 | 898.327 | -0.5% |
| Q4 2022 | 902.997 | -1.1% |
| Q3 2022 | 912.889 | -0.1% |
| Q2 2022 | 914.20 | -0.2% |
| Q1 2022 | 915.747 | -0.2% |
| Q4 2021 | 917.943 | +0.2% |
| Q3 2021 | 916.409 | -0.3% |
| Q2 2021 | 918.868 | -0.3% |
| Q1 2021 | 921.755 | -0.7% |
| Q4 2020 | 928.241 | -0.4% |
| Q3 2020 | 931.767 | -0.7% |
| Q2 2020 | 938.443 | -0.7% |
| Q1 2020 | 945.029 | -0.8% |
| Q4 2019 | 952.473 | -0.5% |
| Q3 2019 | 957.363 | -0.3% |
| Q2 2019 | 960.197 | -0.3% |
| Q1 2019 | 963.537 | -0.4% |
| Q4 2018 | 967.327 | -0.0% |
| Q3 2018 | 967.673 | -0.1% |
| Q2 2018 | 968.794 | -0.3% |
| Q1 2018 | 971.945 | -0.3% |
| Q4 2017 | 974.587 | -0.4% |
| Q3 2017 | 978.094 | -0.2% |
| Q2 2017 | 980.144 | -0.0% |
| Q1 2017 | 980.381 | -0.0% |
| Q4 2016 | 980.455 | -0.0% |
| Q3 2016 | 980.50 | +0.0% |
| Q2 2016 | 980.50 | +0.0% |
| Q1 2016 | 980.50 | +0.0% |
| Q4 2015 | 980.50 | +0.0% |
| Q3 2015 | 980.50 | +0.0% |
| Q2 2015 | 980.50 | +0.0% |
| Q1 2015 | 980.50 | +0.0% |
| Q4 2014 | 980.50 | +0.0% |
| Q3 2014 | 980.50 | +0.0% |
| Q2 2014 | 980.50 | +0.0% |
| Q1 2014 | 980.50 | +0.0% |
| Q4 2013 | 980.50 | +0.0% |
| Q3 2013 | 980.50 | +0.0% |
| Q2 2013 | 980.50 | +0.0% |
| Q1 2013 | 980.50 | — |
Eylea (aflibercept) is billed to Medicare Part B under HCPCS code J0178, with a billing unit of 1 mg. Total billed units depend on the administered dose.
Wet AMD: 2 mg intravitreal every 8 weeks after three monthly loading doses — 2 billing units per injection (1 mg/unit). Administration is billed separately: 67028 — intravitreal injection (CMS billing article A53387); append LT/RT per eye.
At the Q3 2026 limit, a typical 2-unit dose carries an allowable of about $1,487.21. Medicare pays roughly $1,165.973 (80% less the 2% sequester) and the remaining ~$297.442 is patient or secondary coinsurance the practice still has to collect — before any administration revenue.
Yes. Eylea ships in single-dose containers, so since July 2023 CMS requires the JW modifier for documented discarded amounts and the JZ modifier when there is no waste. Missing modifiers are a common audit and denial trigger on this code.
$743.605 per 1 mg, effective July 1, 2026, per the CMS July 2026 ASP pricing file. That is up 1.6% from the prior quarter and down 5.9% year over year.
The archive holds 55 quarters for J0178, starting at $980.50 per 1 mg in Q1 2013. The all-time peak was $980.50 in Q1 2013; the current limit is $743.605.
The payment limit is set at ASP + 6% (currently implying an ASP of about $701.514 per 1 mg). After the 2% sequester on Medicare's 80% share, the effective add-on is roughly 4.3% — about $30.165 per 1 mg — when the full allowable is collected.
Eylea HD (aflibercept hd) (J0177): $298.683 per 1 mg, in the file since Q2 2024. Pavblu (aflibercept-ayyh) (Q5147): $803.255 per 1 mg, in the file since Q2 2025. Each code carries its own payment limit, so same-molecule economics can differ sharply by product.
Which limits moved this quarter, across all drugs: the ASP-change leaderboard. How this data is built and verified: the Data Desk. Billing reference (dosing, modifiers, admin CPTs): CareCost Estimate’s drug library.
carecostoptimizer.com/drugs/eylea-j0178-asp-trend. Computed from the public-domain CMS ASP pricing files. Free to cite with attribution.Drug economics as of Q3 2026 (Medicare ASP basis)
The chart is the national price. The practice X-Ray runs J0178 against your acquisition cost, payer mix, and 835s — and prices the answer in dollars.