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Are you cord blood banking?

darleenmonroedarleenmonroe
in 3rd Trimester

We have been seriously talking about banking our baby's cord blood but the only thing that's been holding up back is the price. It's about $2,000.00 for the 1st year and then you pay a yearly store fee of about $125.00 per month.

There's also an option where you can pay for 20 years worth of storage in stead of payment monthly and it saves you around $600.00 but it's $2,000.00 for the first year and then the lump sum for 20 years of storage is another $2,000.00 so you are looking at a total of $4,000.00 for 20 years of stored cord blood.

$4,000.00 is nothing in measurement of saving your child's life from a life threatening disease or condition. On the other hand it's a gamble. Like an insurance policy. You never know if you are going to need it but have the peace of mind knowing you'll be OK if something happens.

 Thoughts?

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Re: Are you cord blood banking?

  • BinksMomma3016BinksMomma3016 member
    I stored DS' cord blood with Viacord and Im actually about to call today to bank this LO. Viacord actually calls you every 6 months to update you on the advancements in cordblood. The last one i got said it can now be used to help with diabetes, I think 4000 is priceless. It could save your childs life, not to mention anyone in your family. Yes, the cord blood can be used for you, Dh, siblings and other family members. Its like an insurance policy. You may use it, you may not. I think its totally worth it, so like I said Im doing it AGAIN! GL
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  • Lizzerd13Lizzerd13 member
    We just plain ole can't afford it so no, we are not doing it.  I wish we could though.
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  • PoonicoPoonico member

    It's just not something that we can afford to do.

    We will be delaying the cord clamping.

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  • AngelMell05AngelMell05 member
    yeah we just cannot afford it either. Plus we want to have  3 - 4 kids so if we did one's cord blood we would have to do all of our children's and we DEFINITELY cannot afford that. We will be donating the cord blood
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  • haleymay18haleymay18 member

    This is still a very young practice and there are reports of the blood being stored wrong and I don't have a lot of faith in sciences this new.

    And $125.00 every month is a lot to my family.  Especially in this bad economy.

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  • TexasLadyBugTexasLadyBug

    Aside from being pricey, many studies show that your babies cord blood down the road may not even help them. I think there is a very small % o people who will ever need to use it and even smaller for those who can. I have provided a link below for more reading. My suggestions is to talk to your OB about the pros and cons and to do your homework.

    Personally, I donated mine.?

    WebMD

    "But is banking worth it for most people? The banks argue that it's a form of "insurance" in case your children ever get sick. However, many medical associations -- like the American Academy of Pediatrics and the American College of Obstetricians and Gynecologists -- don't support the practice for most people. They say that possible benefits are too remote to justify the costs."

    Link

    https://www.webmd.com/baby/guide/banking-your-babys-cord-blood?

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  • roxyrulz512roxyrulz512
    we cant afford to store the cord blood.. but we are going to donate it. you get all the same benefits as if you were to store it except if you needed it - god forbid - it wouldnt be yours, you would recieve a donor match (obviously lol)
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  • jennybeamsjennybeams member

    imageAngelMell05:
    yeah we just cannot afford it either. Plus we want to have  3 - 4 kids so if we did one's cord blood we would have to do all of our children's and we DEFINITELY cannot afford that. We will be donating the cord blood

    Actually, you're suppose to be able to use a baby's cord blood for siblings and other immediate family members.  We considered doing it when we have our last child because there will be more studies done by then.  We will not be doing it for this baby because there is so much that is not proven yet and that's a lot of money for us to gamble with.

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  • KristinmoKristinmo member

    I have a family history of Type 1 Diabetes and as a PP said, recent research has made significant progress related to using cord blood to cure this type of diabetes so we are doing it.

     If we did not have a family history of a disease we would not be doing it.

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  • ooKATEooooKATEoo
    imagePoonico:

    It's just not something that we can afford to do.

    We will be delaying the cord clamping.

     

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  • kristin7701kristin7701 member
    imageTexasLadyBug:

    Aside from being pricey, many studies show that your babies cord blood down the road may not even help them. I think there is a very small % o people who will ever need to use it and even smaller for those who can. I have provided a link below for more reading. My suggestions is to talk to your OB about the pros and cons and to do your homework.

    Personally, I donated mine. 

    WebMD

    "But is banking worth it for most people? The banks argue that it's a form of "insurance" in case your children ever get sick. However, many medical associations -- like the American Academy of Pediatrics and the American College of Obstetricians and Gynecologists -- don't support the practice for most people. They say that possible benefits are too remote to justify the costs."

    Link

    https://www.webmd.com/baby/guide/banking-your-babys-cord-blood 

    DH is a doctor, researched banking and came to the same conclusion. We will be donating if they offer that where I'll be delivering. 

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  • tinytitantinytitan
    We aren't banking after doing research with similar findings to some of the previous posts. As someone else mentioned they had a history of Diabetes in their family. If we had a history of a disease in the family it was known to treat we would probably do it. I wanted to donate for public banking, but unfortunately the hospital I am delivering at doesn't do it, so I am going to ask about just donating it for research which some hospitals do. Also, while I realize in some instances cord blood is the best possible solution for treating a disease, disorder, etc. most of the things it can be used to treat can be treated through another method like bone marrow, etc.
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