Introduction
Cord blood banking!
It is one of the best innovations and upgrades in medical science. The umbilical cord that connects the baby with its mother when the baby is in the womb used to be thrown away after the baby was born and hopefully you’ve done everything you can to ensure your baby’s health.
This cord contains stem cells that can be used to treat several life-threatening diseases such as cancer and other blood disorders.
So, if one can store cord blood and its stem cells, it can be used in the future to treat severe diseases and health conditions. This is why many parents are opting for cord blood banking in recent years.
If you are also thinking of doing so, it is best to find out the most affordable pricing and payment plans.
About Cord Blood Banking Pricing
The arrival of a new little life is a joyous and exciting time that is filled with wonder, love, and perhaps concerns regarding the cost of raising a child.
You might have planned almost everything before the arrival of your baby. At the same time, you might be hesitating whether you should opt for cord blood banking for your children or not. Another concern is that cord blood banking needs to be done after the newborn birth.
That means you can not postpone this particular thing. That is why it is best to get an understanding of the pricings of cord blood banking along with finding the most affordable cord blood bank when planning out your pregnancy.
Cor blood contains more stem cells than bone marrow. This is why they are more efficient at treating some severe health conditions, such as cancer, blood-related diseases, and many more. Along with treating your own baby, cord blood banking can also save your or your relative’s life if it is a perfect match for them.
Basically, there are two types of cord blood banks available:
- Private cord blood banks.
- And public cord blood banks.
Well, public cord blood banks are completely free of cost. Here you need to donate the cord blood of your baby, which will be used for research purposes or to help someone in need. Now, in case your baby requires stem cells from public banks, you will get that free of cost.
But here, a perfect match has to be available. Without that, you will not get one. Here you are donating the cord blood of your baby, and you do not own that anymore.
On the other hand, in private cord blood banks, the stem cells of your baby’s cord blood will not be stored specifically for your usage of yours. Here you own that. You need to pay some amount and store the cord blood for a particular amount of time.
Now, here, you will get different package options when it comes to cord blood banking costs.
You can go with 12 monthly payments for cord blood storage only, where you need to pay from $60 to $70 per month. On an annual basis, it costs around $140 to $160 per year.
The second option you have is storing cord blood along with cord tissues, where you need to pay around $78 to $85 every month for 12 months. When you choose the annual options, you need to pay around $200 to $300 every year.
Last but not least, you have the option of cord blood, cord tissue, and placenta. Here, you need to make the payment of approximately $95 to $105 every month for a 12-month plan. And on a yearly basis, the payment will be around $300 to $400.
Cord Blood Banking Costs And Storage Plans
Here are basic cord blood banking costs and storage plans.
| Cord Blood Only | Cord Blood & Cord Tissue | Cord Blood, Cord Tissue & Placenta |
| Contains hematopoietic stem cells along with more than 80 uses in transplant medicine today, including blood disorders and cancer. | Contain epithelial, mesenchymal, and endothelial stem cells along with additional treatment options in regenerative medicine. | All the stem cells you require from the cord blood, placenta tissues, and cord blood tissue for protecting your family. |
| $200 to $290/mo 12 months payment option. | $300 to $380/mo 12 months payment option. | $500 to $580/mo 12 months payment option. |
| Upfront payment $2,000 to $3,000. | Upfront payment $3,500 to $4,500. | Upfront payment $6,000 to $6,500. |
What Does The Cost of Cord Blood Banking Include?
As we have mentioned earlier, you can opt for any type of package. You can just opt for storing cord blood, or cord blood and tissues, or cord blood, tissue, and placenta. Usually, the package includes the following.
- The collection and transport of cord blood.
- The storage for particular years.
- The transport to any of the stem cell placement centers across the world.
