The umbilical cord is a marvel to behold. It is responsible in carrying oxygenated blood and nutrients to the baby. It is also known as the growing fetus’s lifeline and without them, it would be impossible for women to give successful birth. Even after childbirth, the umbilical cord is still quite usefulness and has proven its worth over the years. Let us look at cord blood banking and how it helps save many lives.
The Many Benefits of Cord Blood Banking
As mentioned earlier, the umbilical cord particularly its cord blood is known to be able to treat diseases that harm the blood and immune system which include leukemia and certain cancers, sickle-cell anemia, and some metabolic disorders. It is rich in stem cells that can morph into all sorts of blood cells making it a very much sought after by many doctors as well as researchers.
Cord blood banking is also a fairly painless and hassle free procedure especially since it is gathered during birth from the umbilical cord. As a result, parents can use this opportunity in saving cord blood for future use.
Another great benefit is that parents will be able to use their cord blood at any given time when the need calls for them to do so. This however, only applies to cord blood stored at private banks. This is quite convenient for future medical procedures as parents have full access saving them a fair amount of time and convenience.
The Cost of Cord Blood Banking
Those who want a more personalized approach with their cord blood can opt to have them stored at private banks. The service however, is not free of charge and parents are expected for pay a hefty fee for storage. Private cord blood banking cost can range from $1,400 up to $2,300 for collecting, testing, and registering. It should be noted that this does not include the annual storage fee which can also range from $95 to $125.
Saving cord blood is indeed pretty expensive but many find it to be a very worthwhile investment with the great amount of benefits it provides to them helping them secure their future.
With that being said, even if you can’t afford private cord blood banking, there are public cord banks that offer these completely free of charge. Storing them is also free but become open as a form of donation for public use as well as for research. This means that there is little chance that you will be using your cord bank in the future. Furthermore, since they are open for the public, it can be a bit time consuming to look for cord blood as you may need to queue up for your turn.
Cord blood banking does indeed offer great opportunities to those willing to invest in them. This however comes with a great cost. For that matter, it is important for parents to work hand in hand together to come up with a resolution if they indeed want to consider private cord banks.