how the cord blood banking how to much does it cost comparison?

 

Cord blood is used as an umbrella term for the many cells that are stored because it is associated with cord blood banking.  Cord blood banking is referred to as stem cell banking in Europe and other areas of the world. 

The umbilical cord and its blood were once considered medical waste before the 1990s. Parents today collect or store their baby's umbilical cord blood because the stem cells found in it are used or hold promise in the treatment of life-threatening and debilitating disorders. Umbilical cord blood can be collected through the umbilical cord at the time of delivery of the baby, without risk to the mother or the baby. This is why planning to collect and store your baby's cord blood during pregnancy is a great idea.

How much does cord blood banking cost?

While most parents would like to bank their newborns' cord blood to help protect their families, the cost of cord blood banking is generally a deciding factor. Most cord blood banks charge a one-time cost of $1,000 to $2,000 to collect, process, and store cord blood. The cost of the cord blood collection kit, the medical courier service used to hurry the safe transport of the kit, testing the mother's blood for infectious diseases, testing the baby's blood for any contamination, and the cost of the first full year of storage is often included in this upfront fee.

After that, an annual fee of $100-$200 is charged for continuous storage, usually on the child's birthday.  The immune system can attack the patient's own body after any stem cell transfusion. Graft-versus-host disease (GvHD) is a serious problem after transplantation. GvHD can be mild and rare, but it can also be severe, permanent, and even fatal.

. Baby cord blood is always perfect for a baby. Immediate family members are also more likely to match the stored cord blood. Siblings have a 25% chance of being a perfect match and a 50% chance of being a partial match. Parents who give half the markers used in the pairing have a 100% chance of being a partial match.

how is the benefits of the private cord blood banking?

Stem cells obtained from the umbilical cord blood of newborns can save people from life-threatening diseases. Today, most people are aware of this evolving aspect of medical science. But, parents face another dilemma.

Should they store their baby's cord blood in a private blood bank or donate it to a public bank?

Umbilical cord blood banking is a modern medical procedure that involves collecting excess blood from the baby's umbilical cord after clamping and cutting the umbilical cord. It is a painless procedure that is performed immediately after the birth of the child. Cord blood is collected from the umbilical cord and stored in a private or public blood bank for future use. Although this procedure has gained immense popularity in recent years, cord blood and tissue cells have been used to treat and cure various diseases in the past. There are two ways to preserve and store cord blood and tissue cells. You can keep it in a private cord blood bank or donate it to a public blood bank. This article discusses the benefits of using a private cord blood bank to store your baby's cord blood.

You have the right to cord blood.

Choosing a private blood bank to store your baby's cord blood is beneficial because you have exclusive rights to the stem cells. , storing it or donating it to a public cord blood bank deprives you of your right to your child's cord blood. Patients in dire need of stem cells have access to public cord blood banks and; thus, there is no guarantee of obtaining umbilical cord blood at a public blood bank. Thanks to modern science, new treatments and therapies are emerging, which is why you need to store your baby's cord blood and tissues in a private blood bank.

Affordable for your family

Cord blood, which is rich in hematopoietic stem cells, can treat several diseases and conditions. But, the stem cells must be perfect for the patients. The collection and preservation of your baby's cord blood will benefit the immediate family members. It can provide basic protection against various blood-related diseases like leukemia, anemia, sickle cell disease, and so on. Also, it is immediately available in case of emergency or rapid treatment. It makes sense to store your baby's cord blood in a private bank as; it may take several months to find a match at a public blood bank. It is also an expensive process without any guarantee.

Health insurance

Preserving your baby's stem cells or umbilical cord blood is considered health insurance because it can treat genetic diseases in the future. Families with a history of genetic diseases enjoy cord blood banking because the stem cells can treat siblings and immediate family members. When stored and frozen, cord blood and tissues are valuable for a lifetime.

Modern medical science is evolving with new treatments involving cord blood-derived stem cells. Storing your baby's cord blood in a private blood bank is a great way to ensure your family's health and future.