Saving your baby s cord blood is probably more affordable than you think.
Baby cord banking prices.
How much do family cord blood banks charge.
Family cord blood banks charge a first year processing fee that ranges from about 1 000 to 2 000 plus annual storage costs of about 125 to 175.
Of that 90 percent goes to family banks and 10 percent goes to public banks.
The banks offer payment plans ranging from no interest installments paid over a few months to longer term financing with interest.
This is a huge myth surrounding the cord blood procedure.
Since the first cord blood transplant in 1988 cord blood banking has come to the fore in the treatment of around 80 types of diseases worldwide and the method is continuously expanding in research and scope.
Myth 1 cord blood treatment is in the experimental stages.
Frances verter founder and executive director of the nonprofit parent s guide to cord blood foundation estimates that about 5 percent of parents now bank their baby s cord blood.
If you want the blood stored after the birth the doctor clamps the umbilical cord in two places about 10 inches apart and cuts the cord separating mother from baby.