Does Tricare cover cord blood banking?

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asked Apr 10 in Pregnancy by GshaneSA (300 points)
Does Tricare cover cord blood banking?

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answered Apr 12 by Minty (76,680 points)
Tricare will cover the cost of cord blood banking if the beneficiary of the cord blood requires a transplant of the cord blood.

However if you just want to store the cord blood using cord blood banking for future use as a preventative measure then Tricare will not cover the cost of the cord blood banking.

If that is the case then you'll have to pay for the cord blood banking from your own pocket.

The cost of cord blood banking can vary from location to location but it's not all that expensive to store cord blood.

The cost of cord blood banking ranges between $1,400.00 and $2,300.00 for collecting, testing, and registering, plus between $95.00 and $125.00 per year for storing.

The biggest cost of the cord blood banking is the collecting, testing and registering the cord blood then the yearly cost after that is not all that expensive.

There is public cord blood banking as well which is free but the private cord blood banking is much better.

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