What Are Cord-Blood Banks? What Are They All About And What Benefits Are There For You?
One of the most exciting innovations in the medical world in recent years has been the creation of umbilical cord blood banks, and with them, the ability to cryogenically preserve an amount of your child's stem-cell producing umbilical cord blood, to be used for transfusion in case of an emergency one day. This can replace bone marrow in many situations, and is often preferable, because it precludes having to find a donor - many times not an easy task.
So, what position do the cord blood banks hold?
An important one, in actuality. First, there's a distinction between public and private cord-blood banks. Public banks accept gifts of umbilical blood and don't charge a storage fee - however, the blood isn't stored for the purpose of preserving it for the one specific donor baby who it first belonged to. Public umbilical cord blood banking facilities distribute the cord-blood they have stored to anybody with a health crisis that could need a cord-blood transplant.
Private
cord blood banking agencies, on the other hand, bank your baby's cord blood solely for your baby and for no-one else. Because the cord blood is being cryogenically preserved for one specific receiver, however, there's a sizeable fee due for collection and storage.
The benefit, of course, is that if your kid is ever in need of a transplant, her or his own cord blood is securely waiting for them at the private cord blood bank.
There is, of course, some controversy - there are people who think it is morally wrong to for a private organization to charge a fee to set aside what should be publicly given for the good of the community, and then there are people who feel that it's a parent's right to use organic material belonging to their kid in whatever way serves their own kid's best interest.
The controversy surrounding private vs. public cord blood storage is a drastic one. Look at the debate to get all the information, and make sure you are making an informed decision for your kid's life.
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