One of the most exciting innovations in the medical world in recent times has been the advent of umbilical cord blood banks, and with them, the ability to cryogenically preserve an amount of your kid's stem cell producing umbilical cord blood, to be used for transplant in case of an emergency one day. This can replace bone marrow in many situations, and is often preferable, due to the fact that it precludes having to locate a donor - many times not a simple task.
So, what role do the cord blood banks play?
An important one, actually. First, there is a difference between public and personal cord blood banks. Public banks accept donations of umbilical blood and don't charge a storage charge - but, the blood is not stored for the reason of saving it for the one specific donor infant who it originally belonged to. Public umbilical cord blood banking banks issue the cord blood they have stored to anyone with a medical emergency that could need a cord blood transplant.
Private cord blood banking organizations, however, save your baby's cord-blood just for your baby and for nobody else. Because the cord blood is being cryogenically saved for one particular recipient, however, there is a considerable fee involved for collection and storage.
The benefit, naturally, is that if your child is ever in need of a blood transfusion, his or her own cord blood is safely waiting for them at the private cord-blood depository.
There's, of course, some disagreement - there are those who think it's morally wrong to for a private institute to charge money to save what should be freely donated for the good of the community, and then there are those who feel that it's the right of a parent to make use of biological material which belongs to their child in whatever way serves their own child's best interest.
The controversy around personal versus public cord-blood banking is a drastic one. Check out the debate to get all the facts, and be certain that you're making an informed determination for your child's life.
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