My husband and I have been toiling over whether to privately bank our baby's cord blood. At first we were going to donate it since the cost to bank it is pretty steep ($2000 - give or take, plus $125 annually), but after doing some research we're really leaning towards doing it now. We'd hate to NOT have it should we need it, even if the chances are low that we ever will.
But we're really torn.
What are you guys doing? Will you be donating? Banking your own privately? any thoughts welcome!
Re: Cord Blood: to bank or not?
I've done some research on this and have decided to donate publicly if our hospital does it.
Like you said, the chances of 1) us ever needing it and 2) it being usable are very, very slim.
Ditto this. Our hospital collects for donation so we will be doing that. My brother is a doctor and we talked a lot about the cost/benefit and even he isn't banking because it's so unlikely that his children would ever need it or be able to use it. That said, clearly some people feel like it's worth even the tiny % chance that a child might need it (or more likely a sibling would need the healthy cord blood from another sibling). Definitely a personal decision.
We'll delay cord clamping, and not be banking or donating whatever is left. I would be in favor of donating if it were available at my hospital, but I admit that I stopped researching whether it was when I realized that delayed cord clamping would result in little to no blood left for donation. Delayed cord clamping was just more important to us.