Information on Cord Blood Banking Options for Parents-to-be

Previously, the umbilical cord was considered a waste product. However, research proved that umbilical cord blood is a rich source of stem cells. Cord blood banking is a process where umbilical cord blood is collected and preserved in cord blood banks for research and future use in stem cell transplants. Newborn cord blood banking is a safe and painless procedure that does not cause any harm to the mother and child.

As a parent-to-be, if you are considering newborn stem cell banking then you should be aware of the available options. Cord blood banking is done in both public and private cord blood banks. The major difference between the two banks is regarding the ownership of the umbilical cord blood. Here’s what you must know while choosing a public or private cord blood bank.

Public Cord Blood Bank

The biggest drawback of a public bank is that you cannot claim any ownership of the donated umbilical cord blood or be assured of access to it in case of need. If you have a family history of genetic disorder or leukemia, which increases the probability of you needing a stem cell transplant, then donating your baby’s umbilical cord blood to a public facility is probably not a good idea.

A public cord blood bank operates by collecting donated umbilical cord blood. It operates similarly to a blood bank where those who require stem cells can acquire them. Public cord blood banks also supply significantly towards stem cell research. Public cord blood banks are primarily run with government funding. If you are a benevolent parent who wishes to contribute to society then the public cord blood bank is your perfect choice. Public facilities do not charge to collect umbilical cord blood. There is also no storage charge.

Private Cord Blood Bank

A private cord blood bank will charge a fee to collect and store your baby’s umbilical cord blood. Preserving umbilical cord blood in a private cord blood bank is worth the money. In the future, you can access your preserved cord blood and use it to treat your kids and even other family members in case of need. If you have a family history of genetic diseases then private banks are your best bet.