Sunday, September 6, 2009

Private Cord Blood Banking- Is it for you?

After deciding to register for cord blood banking, next question that comes to mind is- which kind of cord blood banking would be better. For those interested in preserving the cord blood cells when the new one arrives, there are many options like private, public or research specific donation etc. Selection entirely depends upon personal criteria to foresee future requirements and philanthropy. However, the trend of opting for private cord blood banking is increasing fast comparatively to other options.

Private cord blood banks collect, process and store baby's umbilical cord blood for family's future medical need. To preserve cord blood exclusively for you, they charge a fee that is disclosed at the time of registration. If someone in the family needs stem cell transplants to treat fatal diseases like leukemia, lymphomas, immune deficiencies and sickle cell anemia etc, the preserved stem cells can be utilized. Private cord blood banking is the best way if you want to preserve cord blood of your child exclusively for your family members.

Preserving cord blood of a child in a private cord blood bank is a good step towards a medically secure future but the charges seem on the higher side. Diseases like leukemia, sickle-cell anemia, lymphomas, aplastic anemia, immune deficiency diseases or thalassemia etc can be treated with stem cells of cord blood, and hence, medical experts recommend that private cord blood banking should definitely be done. Different private cord blood banks have different charges for the services. Usually they charge for enrollment, collection and preservation services. Fee for enrollment and collection varies. Cryobanks India has introduced attractive cord blood banking packages which are affordable. There is options to pay in one go or pay over time – this facility brings private cord blood banking within the reach of lakhs of Indian families.

Single cord blood unit doesn't contain enough cells to treat a patient weighing more than 100 pounds and expanding the number of stem cells in one unit is almost impossible at least as of now. However some transplants have been made successfully by mixing 2-3 unmatched cord blood units but still it is not in common practice. The probability of finding a matching preserved cord blood unit in public banks is approximately 75 percent while it is around 25% in private banks in case of the requirements of siblings. Your doctor may reject the preserved cord blood unit because of various reasons, in such a case you will have to go to public cord blood bank.