Lisa HW says
It separates from the uterine wall and is expelled. This is considered the "third stage of labor". Uterine contractions occur when it comes time for the placenta to be delivered.
Choke Frantic says
And, after the process described in Lisa HW's answer, the placenta is either discarded or donated to stem cell research - which you can stipulate.
MrsOdie says
After you have given birth to your baby, your doctor will deliver the placenta. You push it out, just like you did the baby. I felt it coming out, but it didn't hurt like the baby did. The doctor will examine it to make sure it is intact (if any pieces stay in the uterus, that can have life threatening consequences). It is then dealt with like all medical waste, unless you have specified otherwise. I never even saw mine. I was too busy looking at my new baby.
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