Private cord blood banking
If you are thinking about saving your baby’s cord blood, you have two choices; private cord blood banking and public cord blood banking. This post is about private cord blood banking. Private cord blood banking gives you the opportunity to store your child’s umbilical cord blood for later use should it become necessary.
All of the private cord blood banks are regulated by the FDA; certain standards must be met. Private cord banks can be a little expensive in some people’s opinion. The cost to store cord blood, if you have the money, is minimal compared to the benefit your child will get if the cord blood is ever needed.
Some people, including some doctors, feel that storing your child’s cord blood in a private bank has little benefit for anyone. They say that statistically, only a small percentage of children ever use their own cord blood. They feel that banking the blood in a public cord blood bank would better serve the population as a whole. It is a good thing that some people donate their cord blood to public banks, but you should not feel bad if you want to save your child’s cord blood in a private cord blood bank. The statistics they are basis their conclusions have a short range, being only a few decades. And, the statistics also say that many diseases are rare; meaning most of us won’t get the types of disease that are treated by cord blood. Read our post on cord blood banking pros and cons to help you weigh the benefits and drawbacks to using a private cord blood bank vs. a public cord blood bank.
The diseases treatable by cord blood is growing and having your own store in a private cord blood bank could greatly benefit your child that it comes from or a sibling. If you are considering banking your child’s cord blood in a private cord blood bank, then you should read through our site. We have researched the topic fairly well and have provided information to aid you in your decision.