Cord Blood Banks - Costs And Prices

When you decide to choose a cord blood bank, there a few things that you must look into. One is the type of cord blood bank that you would prefer, a private one or a public one. A private cord blood bank will charge you a fee for storing the cord blood. Nevertheless, you and your family members will always have immediate access to the blood, whenever you want it. If, on the other hand, you donate the cord blood to a public cord blood bank, then you do not have to pay for its storage. However, the blood may be used to treat an unrelated person or even for a medical research.

Private Cord Bold Bank Fees

For that reason, if you decide to preserve your cord blood in a private cord blood bank, the bank will charge you an enrollment fee and a maintenance fee to store your cord blood. Sometimes, the collection fees are included in the enrolment fee. The approximate fee is $1000 for enrollment and then $100 per annum for maintenance of the cord blood.


Cord Blood Bank Payment Plans And Offers

Many banks offer discounts and different payment plans to suit your budget. Some banks offer a discount, if you prepay the storage fees in advance for a period of five years. If you go in for family banking and store more than one child’s cord blood, then too, you may get a discount. The discount is useful, if you had a multiple pregnancy, or if you are planning to go in for another child later. If later is the case, you may need to pledge the cord blood of your other yet-unborn child to make use of such a discount.

In case You Or Your Infant Has A Disease That Can Be Treated With Cord Blood

Some banks allow you to store the cord blood free of charge, in case you or the sibling has a disease that can be treated by a cord blood transplant. If your bank does not provide this facility, then you should check with your insurance company or state Medicaid program, if they provide insurance.

You can evaluate cord blood banks on the basis of costs and quality of services offered by the bank and decide which cord blood bank you would prefer.For more information pregnancy period.