Cord blood banking is probably one of the most amazing gifts you can give you baby when he or she is born. You have just one opportunity to do this in life and with the advances in medicine that are made each and every day, I believe it is totally worth the price. We were lucky that when our son was born my parents wanted to give it to us as a gift. It is a form of health insurance which you hope you will never have to use, but if you ever have to, you will be incredibly grateful that it is available. I say this because there are public banks out there which are free to donate to, but in the future if you ever need to retrieve your specimen, there is a chance that someone else may have already used it leaving you with nothing which would be just heartbreaking.
If you have the financial ability to do cord blood banking for your baby, there are a number of companies out there today which do it, so you will want to do your research before deciding which one to go with. When I was pregnant with our son, we looked into the top three private banks by researching them online and also by calling the companies to talk with representatives who were able to answer our questions. We eventually made our decision based on the fact that one company had performed significantly more successful stem cell transplants than the others and that was what was most important to us in choosing where we would do our storage. The fees among the top three firms were fairly similar, give or take a couple hundred dollars. The most expensive part is the first year because of the cost to do the collection, delivery to the facility from wherever you have your baby, harvesting of the stem cells and initial storage. After that, the cost drops dramatically to just an annual storage charge.
Most, if not all, of the major cord blood banking companies allow you to create a gift registry – similar to the popular registries at baby retailers – so that friends and family members can contribute to the expense of enrolling. It's a great way to be able to ensure your child will have access to this amazing form of health insurance that is only available once in their lifetime.
Source by Jennifer L Marshall