Costs and Insurance for Stem Cell Therapy in NZ

Stem cell therapy holds immense potential for revolutionising how we treat various medical conditions and diseases. However, as this innovative form of regenerative medicine becomes increasingly popular, it has become crucial to understand the associated costs and insurance coverage. This blog post will delve into the costs of stem cell therapy, factors influencing pricing and potential insurance coverage in New Zealand.

Understanding Stem Cell Therapy Costs

Stem cell therapy harnesses the power of stem cells, the body’s primary cells, including fat-derived stem cells, from which all other specialised cells are derived. The overall cost of stem cell therapy can be influenced by numerous factors, such as:

  • The complexity of harvesting and processing adult stem cells with purification, multiplication and sterilisation of the cells
  • The type and severity of the condition being treated
  • The number of stem cells required
  • The number of treatments required
  • The expertise of the medics performing the therapy
  • The location and facility where the therapy is provided

Bear in mind the cost of stem cell therapy can greatly vary. Some treatments cost $15,000 for one area or $17,000 for two areas, while more complex procedures for multiple areas stem cell implants can surpass $25,000. Factors such as:

  • The reputation and location of the clinic
  • Clinics with a proven record of successful treatments and experienced medical teams may charge higher prices.
  • Clinics located in areas with increased living costs or popular medical tourism destinations may also have higher prices for stem cell therapy.

As for insurance coverage, there has yet to be an explicit answer regarding the coverage for stem cell therapy in New Zealand at this time. Nevertheless, it’s important to consider your insurance provider’s policies and coverage options, as coverage for specific stem cell therapies may differ.

Potential applications of stem cell therapy

Stem cell therapy is a treatment that employs stem cells, including those derived from various sources, to restore or substitute damaged or ill cells in the body. Stem cells are cells that can uniquely grow into any cell in the body and can subsequently be used to treat a variety of medical issues. Some benefits of stem cell therapy include:

  • Restoring or substituting damaged or ill cells in the body
  • Treating a range of medical issues
  • Mesenchymal stem cells (MSCs) can differentiate into a range of cell types, such as bone, cartilage, ligament, tendon and muscle cells.
  • Managing the symptoms and improving sports life and the quality of life with a single injection, most importantly, trying to avoid joint replacements or complex surgery with shorter recovery.

The use of human embryonic stem cells, a type of human pluripotent stem cells, has been surrounded by controversy due to the ethical implications of deriving them from human embryos and their potential to develop into harmful cells. However, multipotent stem cells are being researched as a viable safe alternative to embryonic stem cells for stem cell therapy. In the field of stem cell research, autologous (body’s own) adipose-derived stem cells, particularly MSCs, are a promising safe option for stem cell therapies, including stem cell transplant, due to their ease of isolation, capacity for expansion in culture and potential to differentiate into multiple cell types. Studies have demonstrated their efficacy in treating many medical conditions and injuries, such as arthritis, sports injuries, and degenerative conditions, using stem cells derived from adipose (fat) tissue.

Worthy of note is that although embryonic stem cells from in vitro fertilisation are exclusive to research purposes and unsuitable for clinical use, multipotent stem cells are under investigation as a viable clinical alternative. Currently, we use multipotent own-body stem cells as a safe and effective option.

Types of Stem Cell Therapy offered at Auckland Regenerative Clinic

Auckland Regenerative Clinic offers Pure Expanded Stem Cell Therapy for osteoarthritis and sports injury and regenerative treatment using one’s own stem cells to treat various conditions. Patients who undergo stem cell therapy at Auckland Regenerative Clinic can expect significant improvements in their condition. For instance, one patient experienced improvements in both the appearance and sensation of their knee, with the swollen glossiness abating and the patient regaining a sense of connection to their leg.

The clinic specialises in non-surgical alternatives to treat wear and tear and sports and non-sports injuries. It has been commended by patients for its knowledgeable and caring specialists, as well as cutting-edge advancements in medicine. For more information about the specific stem cell treatments available at Auckland Regenerative Clinic, we encourage you to contact our clinic directly.

Factors Influencing the Cost

The cost of stem cell therapy can be influenced by various factors, such as the type and severity of the condition being treated, the number of treatments required, and the complexity of the procedure. Additionally, rare diseases or conditions may necessitate specialised stem cell therapies, which can lead to higher costs. The cost of stem cell therapy for different diseases can range from less than $15,000 for one area and $17000 for two areas, but for complex multiple areas therapies, the cost can reach over $25,000. Nonetheless, the cost may fluctuate based on the specific disease and the provider, underlining the need to compare different providers and costs before settling on a treatment.

The reputation and location of the clinic may also influence the cost of stem cell therapy, with clinics boasting a proven record of successful treatments and experienced medical teams potentially charging higher prices. Additionally, clinics in areas with increased living costs or in popular medical tourism destinations may also have higher prices for stem cell therapy.

It is important to consider the costs of stem cell storage facilities in New Zealand as well. The typical cost of storing stem cells at facilities in New Zealand is $500. 

Insurance Coverage for Stem Cell Therapy

Currently, insurance companies and ACC do not generally cover stem cell therapy in New Zealand. However, Vesta Cover and Auckland Regenerative Clinic provide coverage for stem cell therapy.

The procedure for requesting insurance coverage for stem cell therapy in New Zealand varies from one insurance provider to another, and it is important to note that general private medical insurance and ACC do not provide coverage for stem cell treatments at present.

Navigating the Insurance Process

To inquire about coverage for stem cell therapy from your insurance provider, you can contact them and request information regarding the specific form of therapy you are interested in. Additionally, you can request to speak with a case manager from your insurance company and explore the possibility of coverage for stem cell therapy.

Being aware of the current status of insurance coverage for stem cell therapy in New Zealand is critical, as currently, it does not affect the overall cost of stem cell therapy. As many stem cell therapies are not covered by insurance, understanding the costs can aid patients in exploring alternative payment options or seeking financial assistance.

Real-life Cost and Insurance Experiences

NZ Stem Cell Therapy’s website provides information about the cost and insurance coverage for stem cell therapy in New Zealand. Auckland Regenerative’s website features patient stories and testimonials about their experiences with stem cell treatment, including the financial aspects. These resources can give an insight into the costs and insurance experiences of patients who have undergone stem cell therapy.

Our specialists at Auckland Regenerative Clinic can assist patients in understanding the costs and exploring alternative payment options. With a strong focus on non-surgical alternatives, Auckland Regenerative Clinic is committed to significantly improving patients’ conditions and overall quality of life.

Success Rates and Longevity of Stem Cell Treatments in Knee Injuries

Success rates of stem cell therapy in knee treatments are estimated to be around 80% and higher. Following stem cell injections, normal activities can be resumed after two weeks, while running and jumping should be avoided for at least three months. Key points to note about stem cell therapy for knees are:

  • The success rate is estimated to be around 80% and higher.
  • Normal activities can generally be resumed after two weeks.
  • Running and jumping should be avoided for a minimum of three months.
  • There is no evidence in the literature to suggest cancer development or rejection with autologous stem cell use, as the cells are the patient’s own.

The average recovery time is two weeks for knees and four weeks for shoulders and hips. Injection-related pain may be experienced during the procedure and for up to five days due to the inflammatory healing process. It may take up to eight to twelve weeks of extensive lab work to reach the desired high number of viable cells.

For optimal results, anti-inflammatory medications such as Celebrex, Brufen, Voltaren, and others should be discontinued one week before and two weeks following stem cell therapy.

Frequently Asked Questions

Q1. What does stem cell therapy do?

A1. Stem cell therapy is an advanced form of regenerative medicine that promotes the repair response of injured, diseased or dysfunctional tissue using stem cells or their derivatives. It has been used to treat various conditions, from autoimmune diseases to traumatic injuries, with the potential to restore affected body parts to their pre-injury state.

Q2. What is the approximate cost of stem cell therapy?

A2. The approximate cost of stem cell therapy in New Zealand can fluctuate based on the treatment type and the clinic. Generally, stem cell therapy prices start at around $15,000, including GST. Consulting with a medical practitioner or clinic for precise pricing information is highly recommended.

Q3. How much will it cost for stem cell therapy for knees?

A3. The cost of stem cell therapy for knee-related issues can vary depending on many factors, including the severity of the condition and the clinic. Generally, the cost of stem cell therapy for one knee is $15,000 and for both knees is around $17,000.

Q4. How much does it cost to store stem cells in NZ?

A4. The typical cost yearly of storing stem cells at facilities in New Zealand is approximately $500; this is to look after the cells and keep them viable in liquid nitrogen under -195 degrees, freezing them for future use in the same area or alternative other tissues. It is recommended to contact individual facilities for specific pricing information.

In summary, understanding the costs and insurance coverage for stem cell therapy in New Zealand is crucial for making informed decisions regarding your healthcare. With the potential to revolutionise medical treatments, stem cell therapy offers life-changing benefits to those suffering from various medical conditions and diseases. By being well-informed about the costs and insurance coverage associated with this innovative form of regenerative medicine, patients can make better decisions and potentially secure coverage for their treatment.

This blog post has provided information on the costs and insurance coverage for stem cell therapy in New Zealand. As you consider your options, remember that understanding the costs and insurance coverage associated with stem cell therapy is essential for making informed decisions about your healthcare and navigating the insurance process.

If you have been considering these types of stem cell therapy and would like to learn more about the costs and insurance coverage in New Zealand, we encourage you to contact us at Auckland Regenerative Clinic. Our experienced clinic, led by Dr Hassan Mubark, can provide more information on stem cell therapy costs and help you navigate the insurance process.