Quick answer
J0517
What Medicare pays for Fasenra (2026 Q3)
Once a claim carries a covered diagnosis, Medicare Part B reimburses the drug at the ASP + 6% payment limit. Current allowed amounts per billing unit:
| HCPCS | Description | Per unit | Allowed (ASP + 6%) |
|---|---|---|---|
| J0517 | Inj., benralizumab, 1 mg | 1 mg | $165.563 |
Source: CMS ASP Drug Pricing File, 2026 Q3. Payment = ASP + 6% per unit; multiply by units billed (watch JZ/JW wastage). Your patient's share is typically 20% after the deductible. Estimate the full cost & patient out-of-pocket →
Fasenra is a physician-administered biologic billed under Medicare Part B (not the Part D pharmacy benefit). Under Part B, Medicare pays the practice for the drug (HCPCS J0517) plus its administration — but only when the claim's diagnosis (ICD-10) code supports medical necessity. Each MAC publishes the specific covered diagnoses in a Billing & Coding Article; a claim with a diagnosis outside that list is typically denied as not medically necessary (CO-50).
Covered ICD-10 diagnoses for Fasenra
The 13 FDA-approved indications for J0517, grouped by condition — filter to find a code.
Severe Eosinophilic Asthma — 4 diagnoses (applies to J0517)
Diseases of the respiratory system (4)
| ICD-10 | Covered diagnosis |
|---|---|
| J45.40 | Moderate persistent asthma, uncomplicated |
| J45.50 | Severe persistent asthma, uncomplicated |
| J45.51 | Severe persistent asthma with (acute) exacerbation |
| J82.83 | Eosinophilic asthma |
Asthma — 3 diagnoses (applies to J0517)
Diseases of the respiratory system (3)
| ICD-10 | Covered diagnosis |
|---|---|
| J45.52 | Severe persistent asthma with (acute) exacerbation |
| J45.901 | Unspecified asthma with (acute) exacerbation |
| J45.902 | Unspecified asthma with status asthmaticus |
Vasculitis — 1 diagnoses (applies to J0517)
Diseases of the musculoskeletal system & connective tissue (1)
| ICD-10 | Covered diagnosis |
|---|---|
| M30.1 | Polyarteritis with lung involvement |
Eosinophilia — 1 diagnoses (applies to J0517)
Blood, blood-forming organs & immune disorders (1)
| ICD-10 | Covered diagnosis |
|---|---|
| D72.10 | Eosinophilia, unspecified |
HES — 4 diagnoses (applies to J0517)
Blood, blood-forming organs & immune disorders (4)
| ICD-10 | Covered diagnosis |
|---|---|
| D72.110 | Idiopathic hypereosinophilic syndrome |
| D72.111 | Lymphocytic variant hypereosinophilic syndrome |
| D72.118 | Other hypereosinophilic syndrome |
| D72.119 | Hypereosinophilic syndrome, unspecified |
What commercial payers require for Fasenra
Medicare Part B is only half the answer — most Fasenra claims are adjudicated by a commercial plan with its own medical policy. Below is what 26 commercial payers publish for Fasenra, read from each payer's own policy document. 23 of 26 that state a position require prior authorization, and 11 run a site-of-care program that can push the infusion out of the hospital outpatient setting.
| Payer | Prior auth | Preferred product first | Site of care | Indications named | Policy date |
|---|---|---|---|---|---|
| Aetna policy ↗ | Required | — | Site of Care Utilization Management Policy applies; see Utilization Management on Site of Care for Specialty Drug Infusions | 2 | 2025-12-23 |
| Anthem / Elevance policy ↗ | Required | — | — | 1 | 2021-08-01 |
| BCBS Federal Employee Program policy ↗ | Required | — | — | 2 | 2025-10-01 |
| BCBS Kansas policy ↗ | Not required | — | Site-of-care program applies | 2 | — |
| BCBS Louisiana policy ↗ | Required | — | — | 2 | 2026-04-01 |
| BCBS Massachusetts policy ↗ | Required | — | — | 2 | 2026-03-15 |
| BCBS Michigan policy ↗ | Required | — | Site-of-care program applies | 2 | 2026-06-11 |
| BCBS Minnesota policy ↗ | Required | — | — | 2 | 2026-03-03 |
| BCBS Nebraska policy ↗ | Required | — | healthcare-administered formulation requires failure/intolerance/contraindication to self-administered formulation | 2 | 2025-11-05 |
| BCBS South Carolina policy ↗ | Required | — | Site-of-care program applies | 2 | — |
| BCBS Tennessee policy ↗ | Required | — | — | 2 | 2025-12-02 |
| Blue Shield of California policy ↗ | Required | — | hospital outpatient facility site of care requires meeting one of specified criteria | 2 | 2026-02-01 |
| Capital BlueCross policy ↗ | Required | — | — | 2 | 2026-03-03 |
| CareFirst BCBS policy ↗ | Required | — | — | 1 | — |
| Centene / Ambetter policy ↗ | Required | — | — | 2 | — |
| Cigna policy ↗ | Required | — | Site-of-care program applies | 2 | 2025-07-15 |
| Excellus BCBS policy ↗ | Required | — | — | 2 | 2026-06-04 |
| Florida Blue policy ↗ | Required | — | Prefilled syringe (buy-and-bill form) requires professional administration; patient/caregiver incompetence or severe hypersensitivity history required to qualify | 1 | — |
| HCSC (IL/TX/OK/NM/MT) policy ↗ | Not required | — | — | 1 | 2025-01-01 |
| Highmark BCBS policy ↗ | Not required | — | — | 1 | 2020-11-16 |
| HMSA (BCBS Hawaii) policy ↗ | Required | — | — | — | — |
| Horizon BCBS NJ policy ↗ | Required | — | Site-of-care program applies | 1 | 2020-09-11 |
| Premera Blue Cross policy ↗ | Required | — | IV infusion and injection therapy of various medical or biologic agents will be covered in the most appropriate, safe and | 2 | 2026-04-01 |
| Regence BCBS policy ↗ | Required | — | site of care administration requirements must be met | 2 | 2025-11-15 |
| UnitedHealthcare policy ↗ | Required | — | — | 2 | 2026-07-01 |
| Wellmark BCBS policy ↗ | Required | — | — | 2 | 2026-01-01 |
What Fasenra payers put in writing
Quoted from the medical policies linked above — 24 distinct requirements across 26 payers. These are the sentences an appeal has to answer.
Clinical prerequisites — what must be true before they pay
Member is currently taking oral corticosteroids, unless contraindicated or not tolerated
— Aetna, BCBS Tennessee, Wellmark BCBS policy ↗Member cannot use the requested medication concomitantly with any other biologic drug or targeted synthetic drug for the same indication.
— Aetna, BCBS Tennessee, Wellmark BCBS policy ↗Member will continue to use maintenance asthma treatments (i.e., inhaled corticosteroid and additional controller) in combination with the requested medication
— Aetna, BCBS Tennessee policy ↗This medication must be prescribed by or in consultation with an allergist/immunologist or pulmonologist.
— Aetna, BCBS Tennessee policy ↗Member has a history or the presence of a blood eosinophil count of more than 1000 cells per microliter or a blood eosinophil level of greater than 10%
— Aetna, BCBS Tennessee policy ↗Individual is 12 years of age or older
— Anthem / Elevance, Highmark BCBS policy ↗
Prior authorization
Prior authorization validity will be provided initially for 12 months (365 days).
— BCBS Minnesota, Capital BlueCross policy ↗Submission of the following information is necessary to initiate the prior authorization review
— BCBS Tennessee, Wellmark BCBS policy ↗Precertification of benralizumab (Fasenra) is required of all Aetna participating providers and members in applicable plan designs.
— Aetna policy ↗Prior authorization is required to ensure the safe, clinically appropriate, and cost-effective use of Fasenra
— BCBS Federal Employee Program policy ↗Fasenra is considered MEDICALLY NECESSARY for individuals with severe persistent who meet all of the following criteria
— Florida Blue policy ↗Coverage eligibility for benralizumab (Fasenra) will be considered for add-on maintenance treatment of severe asthma (eosinophilic phenotype) when the following criteria are met
— BCBS Louisiana policy ↗
Quantity and frequency limits
Load: 30 billable units every 28 days for 3 doses
— BCBS Minnesota, Capital BlueCross policy ↗30 billable units every 28 days
— BCBS Minnesota, Capital BlueCross policy ↗Maintenance: 30 billable units every 56 days
— BCBS Minnesota policy ↗Commercial – 6 months or member’s renewal period, whichever is longer
— Centene / Ambetter policy ↗Initial approval will be for no longer than 12 months
— Highmark BCBS policy ↗When a request for a specialty drug is approved, coverage is based on a trial of therapy concept. The drug will be initially approved for 3 months. Specific measurable response(s) should be identified and documented at the time of initial approval. Continuation of the drug is covered for an additional 12 months if the patient demonstrates a measurable response.
— HMSA (BCBS Hawaii) policy ↗
Dosing rules
(benralizumab) 30 mg/ml prefilled syringe/autoinjector 30 mg (1 syringe/autoinjector)
— Anthem / Elevance policy ↗30 mg every 4 weeks for the first three doses, followed by once every 8 weeks thereafter for asthma
— BCBS Kansas policy ↗30 mg every 4 weeks for eosinophilic granulomatosis with polyangiitis
— BCBS Kansas policy ↗CALIMA) ICS/LABA therapy to receive Fasenra 30 mg every 4 weeks, Fasenra 30
— BCBS Michigan policy ↗Administer 30 mg (one injection) subcutaneously every 4 weeks for the first 3 doses and then every 8 weeks thereafter.
— BCBS Minnesota policy ↗Administer 30 mg (one injection) subcutaneously every 4 weeks
— BCBS Minnesota policy ↗
Read from each payer's published medical policy between 2026-08-03 and 2026-08-13. Every requirement above is quoted from the policy it links to. Commercial policy changes without notice — confirm before you bill.
How to bill Fasenra
Put a medically necessary, FDA-indicated diagnosis from the list above on the claim line with J0517. Matching codes, units and JZ/JW wastage →
Which policy governs Fasenra
No drug-specific LCD or Article — see the note at the top of this page. Find your MAC → What an LCD, an Article and an NCD each govern →
If a claim for Fasenra is denied
With no drug-specific Article, the usual cause is a diagnosis the MAC does not accept as medically necessary for J0517, or an off-label use with no compendium support. The five denial patterns and how to fix each →
Frequently asked questions
- Is Fasenra covered by Medicare?
- Yes. Fasenra (J0517) is covered under Medicare Part B as a physician-administered drug when billed for a medically necessary indication. There is no drug-specific Local Coverage Determination (LCD) for it, so coverage is determined per medical necessity by your MAC; the FDA-approved indications below are the starting point.
- What diagnoses are covered for Fasenra (J0517)?
- Medicare publishes no drug-specific covered-diagnosis list for J0517. The 13 ICD-10 codes here are the FDA-approved indications; an off-label use needs approved-compendium support (DrugDex, NCCN) to be payable.
- Which Medicare policy covers Fasenra?
- No drug-specific LCD or Billing & Coding Article exists for Fasenra. It's covered under the general Medicare Part B drug benefit per medical necessity, as judged by your Medicare Administrative Contractor (MAC).
- Why was my Fasenra claim denied as not medically necessary?
- The most common cause is a diagnosis the MAC doesn't consider medically necessary for J0517. Bill a covered/FDA-approved indication from the list below, document medical necessity, and confirm any local guidance with your MAC.
Related references
Covered is only half the answer.
You know the diagnosis is payable. Now quote the patient before the visit and catch underpayments: get Fasenra's exact Medicare allowed amount, your payer's rate vs. ASP+6%, and the patient's out-of-pocket — in about 30 seconds, free.
Estimate Fasenra cost & patient owe →Source & verification
- Source
- FDA-approved indications (Drugs@FDA labeling) mapped to ICD-10-CM. No drug-specific Medicare LCD/Article exists for Fasenra — Part B coverage is determined per medical necessity by your MAC.
- Primary sources
- DailyMed — Fasenra prescribing information · CMS Part B Drug ASP Pricing File — the quarterly payment limit quoted above · CMS Medicare Coverage Database — searched for “Fasenra”; no drug-specific NCD, LCD or Billing & Coding Article exists, which is why the FDA-indicated codes above are the working list
- Page last reviewed by CareCost
- Aug 23, 2026 (coverage data retrieved 2026-08-26; we re-verify against CMS quarterly).
- Code licensing
- ICD-10-CM codes are public domain (CMS/CDC). CPT® codes are AMA-copyrighted and are intentionally not listed here — see the administration-code reference for those.
- Not advice
- This is general billing reference, not legal or billing advice. Always verify against the LCD/Article that applies to your MAC and patient.
- How we build this
- Compiled programmatically from the CMS Coverage API under a founder-led methodology maintained by Erin Rose (Founder), and reviewed against the source article with a practitioner-correction loop. See our methodology and editorial policy.
- Spotted an error?
- Email editorial@carecostestimate.com.