One of the most exciting improvements in the medical community in recent times has been the creation 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 blood transfusion in case of an emergency one day. This can replace bone-marrow in many instances, and is often preferable, due to the fact that it precludes having to find a donor - many times not a simple task.
So, what role do the cord-blood banks hold?
An important one, in fact. First of all, there is a distinction between public and personal cord blood banks. Community banks accept gifts of umbilical blood and do not charge a storage fee - but, the blood isn't stored for the reason of saving it for the one particular donor child who it originally belonged to. Community umbilical cord blood banking facilities issue the cord-blood they have stored to anyone with a medical emergency that might need a cord-blood transplant.
Personal cord blood banking agencies, however, bank your baby's cord-blood just for your child and for no one else. Because the cord-blood is being cryogenically preserved for one particular receiver, however, there is a considerable cost due for collection and banking.
The advantage, naturally, is that if your kid is ever in need of a blood transfusion, his or her own cord-blood is securely waiting for them at the personal cord blood depository.
There is, of course, some disagreement - there are those who believe it is morally wrong to for a personal institution to charge money to set aside what should be freely donated for the benefit of the community, and then there are some who feel that it is a parent's right to make use of organic material which belongs to their child in whichever way serves their own kid's best interest.
The disagreement surrounding personal vs. public cord-blood banking is an intense one. Take a look at the debate to glean all the info, and be certain that you are making an informed determination for your child's life.
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