One of the common questions men ask when considering sperm banking is whether their insurance covers the cost of the procedure. The answer will often vary depending on the criteria outlined by your insurance provider. First and foremost, it is worth noting that insurance coverage for sperm banking is not a given. Most health insurance policies do not cover the cost of sperm banking unless it is deemed "medically necessary." Medically necessary sperm banking refers to cases in which sperm freezing is necessary to preserve a man's fertility due to an underlying medical condition. For instance, if a man needs to undergo a medical treatment, such as chemotherapy or radiation therapy, which can potentially damage his sperm, his insurance policy may cover the cost of sperm banking. However, if a man decides to bank his sperm for other reasons, such as before traveling or as a precaution, he will likely have to bear the cost of the procedure out of pocket.