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<\/p>\nRegenerative medicine has been a hot topic of conversation amongst those in the science and medical communities for quite some time now.\u00a0 There is talk about what results clinical trials have yielded and what potential there is for future results.\u00a0 Regenerative medicine has given hope to those suffering from a wide variety of ailments such as arthritis and neurological conditions.\u00a0 While regenerative medicine has shown a lot of promise for the future, one aspect that is rarely highlighted is the financial cost of the procedures.\u00a0 Understanding the costs can better help patients determine whether or not regenerative medicine may be a viable option for themselves or a loved one.<\/p>\n
Regenerative medicine is an umbrella term that encompasses a wide range of treatment options.\u00a0 This can include everything from stem cell therapy to plasma rich platelets to exosomes and cytokines.\u00a0 Regenerative medicine requires a customized and individualized approach to each patient.\u00a0 As a result, each patient presenting with different ailments will have a different plan of treatment.\u00a0 In addition, each person\u2019s body reacts differently to regenerative medicine, which can make it difficult to determine how many rounds of injections are needed.\u00a0 As a result, it can be very difficult to estimate the total cost of a treatment plan in generalized terms.<\/p>\n
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Consultations are absolutely necessary to get a good idea of what a patient\u2019s out of pocket cost would be for regenerative medicine therapy.\u00a0 However, some ballpark numbers can be thrown around as estimates.\u00a0 Regenerative medicine injections start around $1,000 and can go as high as $8,000 per injection.\u00a0 This is an extremely wide range of cost and greatly depends on what products are being injected into the patient.\u00a0 However, regardless of the amount, it is an expensive procedure, and many patients wonder whether or not insurance covers any of the costs.<\/p>\n
Unfortunately, at this time, most insurance companies do not cover the cost of regenerative medicine.\u00a0 This is true for a variety of reasons, including that the procedures are not FDA approved, the procedures are still very new, and insurance companies have not found a way to profit off of regenerative medicine procedures yet.\u00a0 There have been a handful of cases where regenerative medicine procedures were covered by worker\u2019s compensation because the treatments helped get a patient back to work.\u00a0 However, these are far and few between.\u00a0 In general, patients should not expect insurance to pick up any of the associated costs.<\/p>\n