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Testing costs and turnaround times vary. Genetic test results are usually ready in three to four weeks. Though genetic testing costs are often paid for by insurance carriers, patients may be required to pay some or all of the cost when the test is ordered.esting costs and turnaround times vary. Genetic test results are usually ready in three to four weeks. Though genetic testing costs are often paid for by insurance carriers, patients may be required to pay some or all of the cost when the test is ordered.
FDA regulates the safety. and effectiveness of the diagnostic test, as well as the quality of the design and manufacture of the. diagnostic test. CMS regulates the quality of clinical laboratories and the clinical testing process. Traditionally, most genetic tests have not been subject to premarket review by the FDA.