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    What is Cord Blood Banking and What are the Options?

    What is Cord Blood Banking and What are the Options?

    Collecting and storing the blood from the umbilical cord and placenta of a newborn baby 1
    CORD BLOOD BAGS โ€“ Demophorius healthcare
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    Some of the options for cord blood banking are:

    • Public cord blood banks: accept donations of cord blood for anyone who needs a stem cell transplant and matches the donor. No cost to donate, but no guarantee of availability for your family. 2 3
    • Private cord blood banks: charge a fee to collect and store your baby's cord blood for your family's exclusive use. You have the right to decide who can access and use the cord blood, but it is expensive and not covered by insurance. Quality and reliability of the private bank are important factors. 2 4
    • Experimental treatments: use cord blood stem cells for research or clinical trials that aim to treat or cure various diseases and conditions, such as neurologic disorders or metabolic diseases. These treatments are not proven or approved by the FDA, and may have unknown risks or benefits. Consult your healthcare provider and do your own research before enrolling. 10 11
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    Collecting cord blood is less complicated, painful, and risky for the donor than collecting bone marrow. The collection of cord blood poses no risk to the newborn or the person giving birth. Cord blood banks can freeze and store cord blood, which means that it is ready for use when needed. Donation to a public cord blood bank is free.
    Cord blood banking is a process of collecting potentially life-saving stem cells from the umbilical cord and placenta and storing them for future use. Stem cells are immature cells that can assume the form of other cells.
    Jump straight to the answer: The cost of cord blood banking for initial processing and collection fees ranges from $1,500 to $2,850 โ€” an average of $2000, according to AAP. The annual storage fee ranges between $100 to $400. New or expectant parents preparing for the birth of their baby face many financial decisions.
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