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![]() | Cord Blood Banking How is cord blood banked and how much does it cost? |
CORD BLOOD BANKING
Most expectant couples are aware of the option of banking their baby's cord blood. You have likely seen advertisements for umbilical cord blood banking in the mail, at doctor's offices, in magazines and other places. There are many pros, cons and differing opinions regarding the idea of cord blod banking. Although the American Academy of Pediatrics does not recommend storing the cord blood at a private for-profit agency based on the pros and cons, each family will need to make that decision on their own.
How is cord blood banking done? Once your baby is born, the blood is extracted from the cord, sent to the lab for processing and cryogenically stored. Cord blood can be collected in-utero or ex-utero. If you choose to have the process done in-utero, the cord blood will be collected while your placenta is being delivered. The doctor will simply draw the cord blood from the umbilical cord. If you choose to have the cord blood collected after both the baby and placenta have been delivered, the placenta will be placed in a sterile supporting structure with the umbilical cord hanging for support. There has to be atleast 75mL of cord blood collected to get a useful amount. All cord blood samples are tested for HIV, hepatitis, tissue typing and other diseases.
What can be done with the umbilical cord blood? If your baby were to become sick and need a bone marrow transplant, the cord blood that has been stored is readily available. Stem cells from the umbilical cord can treat leukemia, lymphoma, certain caners, sickle cell disease and other metabolic disorders. Because this was your child's blood, there is no reason to worry about finding a matching donor. If you have another child or family member that is suffering from a disease in which a stem cell transplant can help treat, the stored cord blood can also be used for them.
How much does this process cost? There are several different companies that offer this service and the fees vary slightly. However, for the first year of collection and storage, you can expect to pay approximately $1500. Each additional year that the cord blood is stored, you pay a storage fee of approximately $95. There are also programs at certain hospitals that offer free cord banking to families that are interested in donating their baby's cord blood for other recipients that are need of a transplant.