Cord Blood Banking 101
Cord blood is the blood present in the umbilical cord and placenta before, during, and after birth of an infant. Just like bone marrow, it contains an abundant amount of stem cells which can be used to treat many types of diseases.
Cord blood banking is the storage and preservation of cord blood at a facility for future use. There are two types of facilities: private and public banks. Private banks are facilities which store and preserve your baby's cord blood for a fee, usually costing between $1500-$2400 initially and between $100-$150 annually for storage. Public banks, on the other hand, are facilities which you can donate your baby's cord blood free of charge. The donated blood is then available for use by anyone in need of a stem cell transplant. If choosing to store or donate your baby's cord blood, notify the cord blood bank of your choice (private or public) as soon as possible, ideally before the 34th week of your pregnancy.
The collection procedure is both safe and painless for you and your baby. The blood is collected immediately after the birth of your baby and before the delivery of the placenta. Once your baby is delivered, the umbilical cord is clamped and cut and the blood is collected from the umbilical vein. The procedure only takes a few minutes. The sample must be collected within 15 minutes after your baby is born. It can be taken using either a syringe to remove the blood (syringe method) from the vein or by allowing it to drain by gravity into a collection bag (bag method).
Read More: Cord Blood Saves Lives
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