Is cord blood banking covered by FSA?

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asked Jul 4, 2020 in Pregnancy by Alka9elter (1,790 points)
Is cord blood banking covered by FSA?

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answered Jul 5, 2020 by Minty (132,850 points)
Sometimes cord blood banking is covered by FSA or other health insurance.

If your family has a medical history of cancer or other disease that cord blood can help with then FSA will usually pay for the cord blood banking.

Most other health insurance such as private health insurance will also pay for cord blood banking if it's deemed medically necessary.

Sometimes you may need to pay for the cord blood banking out of pocket.

But it can be worth it to pay for cord blood banking if it means it may save your child's life someday.

Cord blood banking is usually not too expensive and costs around $800.00 to $1,000.00 per year which is $100.00 or so per month or less.

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