Is Cord blood Banking Covered By health Insurance?

Question

I am pregnant with our first & my husband & I are very interested in cord blood banking for our little one. I do understand this can be VERY expensive, does anyone know if it is covered by health insurance?

Answer 1

Yes, it is expnsive. Usually at least $1500 to bank it and then a monthly fee after that...about $250 from what I remember reading. No, insurance does not cover it.

If the cost is too prohibitive, you can donate your baby's cord blood. Cord blood is especially desired if your or your husband have a rare blood type or belong to small ethnic group. And you have to make arrangements to do that usually before your 36th week of pregnancy.

I would have donated my baby's cord blood, but the first time I called, I was 38 weeks preggo and they didn't have enough time to prepare for the donation in my area of the US and the second time, my baby was born with a birth defect and they couldn't use it.

Answer 2

Not usually,no it is not. I looked into this as well.

Answer 3

Ours doesn't my husband and I looked into a few different times. We have had 3 insurance carriers over the last 7 years and none of them did. Some of them might though, just look over your policy or call and ask.