Cord Blood Banking Prices: What You Need To Know

By Author: Rupert Cobain
Total Articles: 19
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The trend of umbilical cord blood banking is increasing noticeably in the last two decades after its recognition as a great alternative source of the most effective stem cells to support patients with diseases requiring transplantation of hematopoietic stem cells. Do you have a plan to bank your newborn’s cord blood? Not yet heard of its potential to save the life of your child and your family, however interested to know more about it and cord blood banking prices! Well, allow us to guide you.

What is cord blood?

The blood found in a newborn baby’s umbilical cord is acknowledged as the cord blood is a great source of stem cells. The uniqueness of embryonic stem cells is they are known for their versatility and high potency to develop into a wide variety of other healthy cells. Simply imagine, these stem cells can give growth of brain cells, muscle cells, kidney cells, muscle cells among others - whereas adult stem cells are less likely to perform this so actively.

With transplantation of a newborn’s stem cells into a person’s body with damaged bone marrow condition due to the effect of chemotherapy, ...
... these cells can help in rebuilding bone marrow or revitalize the immune system. Remarkably, stem cells have successfully saved thousands of people's life including children with leukemia, lymphoma, sickle cell anemia, cerebral palsy like lethal diseases. In fact, transplantation of umbilical cord blood stem cells has been approved by the FDA to cure 80 diseases. They are proven to cure individuals with inherited genetic disorders as well as immune deficiencies. Hopefully, now you can understand the basic reason why millions of parents contemplate banking cord blood to protect their family lives down the line.

Cord Blood Banking Cost

Now, as expected you must be interested to know the cord blood banking prices. Correct!
Matter of fact, there are two options for banking your baby’s cord blood that includes 1) Banking in public banks 2) Banking in private banks.

When it comes to public banks - you can bank your newborn’s cord blood there just free of cost. You don’t have to pay anything for banking. On the contrary, public cord blood banks are suitable for only those who are interested in donating cord blood for someone else’s life or medical researchers. The bank authorities need you to forgo the rights to your baby’s cord blood in the future.

This is the key reason why most parents show their interest in banking their babies’ umbilical cord blood in reputable private cord blood banks that help safeguard their child as well as family.

Typical Price Structure

. Almost all accredited cord blood banking prices in privately managed banks need an upfront fee of somewhat between $1200 and $2000 which includes collecting blood, processing, and thereafter preservation of it in the cryopreservation process.

. Depending on the bank policies, the upfront fee may include the cost of the specially designed kit for collection as well as transportation of the cord blood via a medical courier company, the examination of the mother’s blood towards any infectious diseases, testing of the newborns' blood to ensure if any contamination apart from the cost of storage of the cord blood for the entire first year.

. Second-year onwards, you need to pay only the storage fee which may vary between $100- $200. While this is a basic idea, before choosing the private bank, verify its cord blood banking prices because there might be introductory special offers that reduce your price while the cost also depends on the type of package that you can go for.

HealthBanks provides stem and immune cells banking, cord blood banking ( healthbanks.us/Cord-Blood-Banking-Prices ), and umbilical cord tissue banking services. These cells can be used to treat many diseases including metabolic disorders, blood related issues, and used in immunotherapies to treat cancer. To know more, visit https://healthbanks.us/company/.