How much does BioLife pay for plasma donation?
To those unfamiliar with the process, plasma donation can sound scary and complicated. We’ll clear up the questions surrounding plasma donation and provide details on how to earn extra money through one of the largest plasma collection agencies in the United States, BioLife Plasma. You will likely find that the BioLife compensation amounts are enough to erase any trepidation you may have.
Included in This Article
What Is Plasma Donation?
How Much Does BioLife Pay for Plasma Donation? How Much for Selling Plasma in General?
Does Donating Plasma Hurt?
Why Should Someone Sell Plasma Through BioLife?
What is Plasma Donation?
Plasma cannot be created in a laboratory; it can only be sourced from healthy humans. Plasma is simply part of your blood that helps the body in several ways. We all need plasma to function, and some people need plasma from outside donors because their own bodies can’t produce healthy plasma due to blood disorders, immune system issues, or other health complications. Healthy adults can easily replace donated plasma over the course of a few days.
BioLife helps meet the high demand for plasma. Many patients have provided testimonials on the BioLife website that describe their gratitude for plasma donors. Plasma donation through BioLife helps people of all ages who rely on these donations in order to live a healthy, happy life. Your plasma donation can be used to help a patient with alpha-1 antitrypsin deficiency (AATD), hemophilia, and primary immunodeficiency diseases. These patient testimonials are a great way to gain inspiration to donate and also provide an understanding of how just a few hours of your time can have a huge impact on someone’s life.
Who is Eligible to Donate Plasma?
Potential donors must be at least 18 years old, weigh at least 110 pounds, and feel well on the day of donation. Donors will also need to provide photo identification and proof of a permanent local address. Healthcare professionals walk donors through the screening process, which includes a physical examination and medical history questionnaire for new donors.
The medical screening process involves questions about medical history, including exposure to a variety of infectious diseases (e.g, hepatitis and HIV/AIDS), and testing for anemia and protein levels in the blood. Most medications and well-managed chronic health conditions will not affect your ability to donate. The healthcare professional will be able to provide specific details and address individual questions during the screening process. Recent piercings and tattoos may affect your ability to donate for a period of 4 months to 12 months after the procedure. For details about the eligibility requirements at BioLife, review the guidelines on their website. Our article about donating blood for money includes a more comprehensive list of rules and conditions for donating plasma.
How Much Does BioLife Pay for Plasma Donation?
So what is the BioLife compensation amount? The exact amount varies by location and donor, but the range is typically between $20 for your first visit, and between $30-$50 for your second visit within the week. (BioLife recognizes a week as being Monday through Thursday.) After a donor gets into the routine of regular donations, the time spent donating is typically under an hour. For many people, this translates into an attractive hourly rate. BioLife has posted on its Facebook page that the compensation varies based on how frequently individuals donate and on the promotions that a particular donation center is running at any given time. To find current promotions, donors can visit the BioLife website, sign into their account (or register for a new one), and click on the “Schedule An Appointment” link. This page will display available coupons to earn higher compensation at the next appointment.
Again, donors must be eligible and healthy at the time of each donation. Donors can typically donate twice a week, so it’s entirely feasible to earn $160 – $300 per month by donating plasma at BioLife. Contact your local BioLife donation center for specific compensation details for that location.
How much does BioLife Plasma pay compared with other places that buy plasma? It’s right on par with others in the industry. BioLife payments are fair.
Is BioLife Compensation Taxable Income?
Is BioLife compensation taxable?At BioLife, donors are paid with a prepaid Visa card. This card can be used at any store that accepts Visa. It is not a credit card, so donors cannot charge more than the balance available on the card. Donors can use this card at an ATM to withdraw cash or have it transferred directly to their own bank account. The balance of a BioLife prepaid card can always be checked on the Citi website, or donors can choose to receive text messages about their current balance.
Fees may apply to withdraw cash from an ATM, to transfer money to a bank account, or to make a purchase with the card. According to customers, Citibank may charge a $3 inactivity fee if the card is not used for an extended period (usually within a 90-day period). A POS (point-of-sale) charge is sometimes applied for transactions on prepaid cards, with some rates as high as $2 for PIN-based transactions (run as debit) and $1 for signature-based transactions (run as credit). The fee to withdraw at an ATM for comparable prepaid cards is typically around $2.50. For specific information about the fees associated with a BioLife prepaid card, donors will need to contact Citibank customer support online or by phone at 1 (888) 248-4226.
Is the compensation received from BioLife in exchange for plasma donation considered taxable income? While BioLife and other plasma donation centers may not send a form for taxes, plasma donation compensation is considered taxable income and should be reported on all taxes, according to the BioLife Facebook page. The easiest way to report these earnings is to list it under “Miscellanous/Other Reportable Income” each year.
How Does Donating Plasma Work?
If you’ve ever donated whole blood, plasma donation is a very similar process. Some plasma can be extracted from a whole blood donation (recovered plasma), but not as much as when the automated plasmapheresis process is used (source plasma). The automated process sounds complicated, but it simply involves both the removal of blood and return of blood components to the donor.
The BioLife website outlines a straightforward explanation of the plasma donation process.
- First, staff members welcome a donor to the facility.
- Second, donors fill out the same electronic donor questionnaire (EDQ) every time they donate.
- Third, a medical historian checks the donor’s vital signs and physical health to ensure all the eligibility requirements are met.
- Fourth, a phlebotomist inserts a needle that extracts plasma and returns the non-plasma parts of the blood to your body. This part of the process, where the needle is actually in the donor’s arm, lasts about 30 to 55 minutes.
- Fifth, a staff member will load money onto the prepaid Visa debit card as compensation for the donor’s time.
- The sixth and final step involves going on to the website to schedule the next appointment, which is very easy.
Is It Safe To Donate Plasma? Is It Painful?
There are a lot of misconceptions about the pain of donating plasma. Many people believe plasma donation must hurt if the donor is being paid. Donors are compensated because of the time it involves, not the pain. Other people are scared of needles, which is a common fear. The fear of needles is something that can be overcome with different techniques, including facing the fear with repeated exposure. On the BioLife website, donors have shared testimonials about how they overcame some of their fears in order to donate. The phlebotomists take special care to use the right needles and follow the proper procedure to avoid pain or discomfort for the donors.
Donors may feel slightly weak after plasma donation, but this can be minimized by following the health guidelines for donation. These recommendations include increasing the intake of protein and iron and consuming plenty of fluids before and after the donation process. Large meals are not necessary before donation, but the meals should be healthy and balanced. Taking a multivitamin is also recommended for donors who may be low in iron levels. It is also important to note that very hot or very cold beverages should be avoided immediately before donation, because the temperature of the drink can alter body temperature temporarily, affecting an individual’s ability to donate. Fatty foods, smoking, and alcohol should be avoided before and after donation days. Getting a suitable amount of rest is also beneficial for plasma donors in order to feel energized on a daily basis. Overall, donating plasma is a very low-risk procedure, and by taking a few of these simple steps, donors can minimize aftereffects or avoid them altogether.
Many donors comment on the collegiality and friends they make during the plasma donation. If a donor is going twice a week, they can quickly start to build rapport with the staff and make friends with fellow donors. Plasma donation can be an enjoyable process that helps build up local communities for a good cause.
Why Should Plasma Donors Choose BioLife?
BioLife plasmapheresis centers follow strict professional guidelines to ensure the highest standards of safety and reliability. BioLife voluntarily follows the regulations and standards of the International Quality Plasma Program (iQPP), which is part of the Plasma Protein Therapeutics Association (PPTA). BioLife also complies with all state and federal guidelines, including those defined by the Food and Drug Administration (FDA).
BioLife also provides a safe environment in every facility, with 60-72 donor beds available and over 50 employees at each location. Each of these facilities efficiently and professionally oversees approximately 2,000 donations per week. BioLife centers exist in 25 states across the country, and donors can easily search for the nearest location on the BioLife website. A donor can also schedule their appointment directly on the website. Any questions or concerns a donor might have are likely answered on the FAQs page of the BioLife website.
How Much Does BioLife Pay? Final Thoughts
Donors at BioLife can expect to earn a BioLife payment in the amount of $20 – $50 per visit. With two donations a week, that comes to $160 – $400 per month. BioLife is just one of many plasma donation companies; another includes CSL Plasma, which we cover in-depth in another article. For additional plasma collection options, read this article with more information about what it takes to be a plasma donor, the plasma donation process, and the details on the companies that will pay for your plasma. Plasma donation is a terrific way to earn extra money.