For thousands of Americans, donating plasma is a lifeline. In the 90 minutes it takes to donate, they make five times the federal minimum wage.
Americans supply two-thirds of the worlds blood plasma. The industry is worth over $24 billion today, according to the Marketing Research Bureau, and that number could nearly double by 2027, as global demand for plasma-derived medicine rises by 6% to 8% each year.
Plasma is the yellowish liquid that makes up more than half of blood volume. Hospitals use it in transfusions to treat burns and liver failure, relying on unpaid donors. Biopharmaceutical companies also use it to manufacture life-saving drugs. Unlike those going toward transfusions, plasma donations destined for medication do not need to be labeled as voluntary or paid.
Thats led to a boom in private, for-profit plasma centers across the US, with the number of centers tripling over the past 15 years. According to analysts at Fortune Business Insights, two-thirds of these centers are owned by one of three companies: CSL Plasma, Grifols, and BioLife.
Even before the pandemic hit, global demand for plasma far outpaced supply. That gap only worsened in 2020, as a mix of social distancing, cleaning requirements, and donor reluctance caused global donations to drop 15%, according to the Marketing Research Bureau. Meanwhile, plasma has been in high demand, as antibody transfusions show promising results in treating COVID-19 and private companies use plasma from COVID patients to develop potential drugs.
With no synthetic substitute for plasma, drug manufacturers rely on a steady stream of human donors to make up their supply. Treating just one patient with plasma therapies for a year takes between 130 and 1,300 donations.
“The bottom line is if the US didnt compensate donors, there would not be enough plasma and lives would be lost globally,” the president of the Immune Deficiency Foundation wrote in a February 2019 statement.
But the burden is falling on vulnerable donors, many of whom rely on plasma compensation as a source of income.
“Theres nothing wrong with giving plasma,” said researcher Analidis Ochoa. “There is a problem when you feel that theres no other option.”
Highest paying plasma donation center near me
CSL Plasma currently has over 270 different donation centers spread around the world, with a location in 41 different states in the country. They provide one of the most comprehensive levels of plasma donation available on the market and also have some of the highest paying plasma donation centers around.
In particular, their varying donation rates and promotions make them an exciting option for many individuals.
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Most CSL Plasma donation centers will pay you around $50 for your first donation, although this will reduce after the first month. That said, you’ll regularly see offers that will pay you a bonus if you donate more regularly, to encourage you to keep it up.
The exact rates you’ll get at different centers may be at varying levels based on their location and the number of people who attend the center.
What affects CSL Plasma’s first donation rate? Why can you find some centers that pay $20 instantly per first visit and those that pay closer to $35? Simple financial reasons dictate these varying costs. Simply put, a more successful center has more money to give their many clients.
For instance, a center in a bigger city that gets dozens of clients every hour has the financial support to pay higher rates. And they often must pay more for a first donation because the cost of living in bigger cities is so much higher than that in rural areas.
Other factors that affect this price include things like the various promotions centers offer. Some centers may provide an extra $10 for you to make for your first donation of the month to keep you coming to the facility. Some might even provide even more money. It all depends on the center and its management needs.
Like most plasma companies, CSL Plasma will give you more money for your second donation: usually up to $45 or so. So if you donate every week, it is possible to make around $270 or more per month. However, you may make up to $700 to $1,000 if you take advantage of their promotions.
What are these promotions, and how do they affect you? Each CSL Plasma donation center can set up money-making deals that help draw in more potential customers and clients. This extra cash can add up over time and provide you with a surprisingly steady supply of money.
For instance, CSL Plasma states that new donors can make up to $1,000 in their first month through higher initial payments and various promotions. Often, these deals center on providing a steady supply of plasma or referring other people to the center. But with rates like that, you can probably see how CSL Plasma may be the highest paying donation center near you.
In addition, each referral can make you $20 or more, depending on the center and their needs. And some centers will provide $80-100 extra for people who donate eight times per month. The availability of these promotions often varies and changes throughout the year, though.
At CSL Plasma, you’ll get $20 for your first donation of the week and usually $45 for your second donation. These amounts may change based on your weight, however. In addition, your first five donations may earn you up to $50 per donation.
This promotion is set up to create a sense of customer loyalty with each new client. Typically, your first five donations must take place within 21-45 days. After this period, your first donation is always $20, and your second will be based on your weight.
Though the rates may vary based on facility, most will provide $25 for those between 110-149 pounds, $40 for those between 150-175 pounds, and $45 for those over 176 pounds. These rates vary because more plasma is taken out of heavier people, which requires more time to finish.
Like most plasma centers, CSL Plasma provides their clients with a reloadable card that they can use to pay for goods or from which they can draw cash. However, they also have a rewards program that helps to improve the money you make, depending on your membership levels.
A CSL Plasma debit card works like a standard bank card and is usable anywhere Mastercard is accepted. You’ll have a PIN that protects your finances. And like a bank card, you can only use up to the amount listed on the card. There is no credit program from CSL Plasma.
Their iGive Rewards program automatically gives you loyalty points for each of your donations. These points add up and can earn you gift cards, merchandise, and even cash. The highest-earning CSL Plasma donors typically use this reward system to boost their financial compensation levels.
How to check for bonuses at CSL Plasma
If you want to earn more money, then you should take a look at any bonuses offered by the company.
Here’s how:
Another option is to simply give your local center a call and ask about any bonuses on offer. You can find the contact information for your local center by following the first two steps above.
How much do you get for donating plasma near me?
Based on a review of a range of plasma donation centers, you can expect to make between $270 to $1,000 per month at plasma donation centers. The factors that decide these rates include things like the center, their base pay, promotions, the availability of referral bonuses and the location of each facility.
If we go by the standard base payments just for donations without promotions or referrals, the total payouts range between $270-365 on average. That’s a difference of around $90, which may be significant. It’s almost $1,200 between the top yearly rates of the lowest and highest options.
However, referrals can add anywhere between $15-100 per referral to an individual’s monthly pay. So usually, centers limit you to just a handful of referrals every month to ensure that they don’t pay too much money. And each referral must successfully earn a client and get approved by the center.
In addition, when looking to maximize how much you get paid to donate plasma, keep an eye out for plasma donation promotions. That is, some places where you can do plasma donation near you for money may have promotions for seniors or college students that add a varying level of extra cash. Many centers also have loyalty programs that you can use to earn points to convert to currency or other types of prizes.
All of these factors must be carefully weighed when choosing a center where you can donate plasma for money near you. Typically, these companies don’t list promotions on their website but will discuss them with you in person when you visit one of their centers.
Therefore, the varying levels of pay may require you to continually research each option and find a plasma donation center near you that makes sense for your needs. Don’t forget that you’re going to be giving up at least two hours of your day with each donation and deserve to be compensated.
FAQ
What plasma center pays the most for first time?
- CSL Plasma.
- BioLife Plasma.
- BPL Plasma.
- Interstate Blood Bank.
- Grifols.
- KEDPLASMA.
- Immunotek.
- Octapharma Plasma.
How much do you get paid for plasma?
Is donating plasma good way to make money?
Who’s paying the most for plasma right now?
