Cord Blood Bank

Cord blood banking costs

Cord blood banking costs are of two kinds, the initial fee and the annual storage fee. The initial cord blood banking costs includes fees for enrollment, collection and storage for the first year. The annual fee alone will be charged from the second year onwards.

The cord blood banking costs that are incurred for enrollment could range from $900 to $2000 depending on the type of cord blood banking facility you are considering. Annual storage fee is normally $100. Several Cord blood banking costs include prepaid plans for the annual storage facility. This prepayment of cord blood banking costs also will qualify you for a discount and will save you the hassle of having to remember the due dates for payment of annual fees. Some cord blood banking costs include a charge for collection which may be $45, others don’t charge anything. A few banks add shipping costs if medical courier services are used by them. Sometimes you may get a discount for the cord blood banking costs, if you store the cord blood of more than one child or if you are expecting to have twins.

Cord blood banking costs, may be reduced by the banking centers by cutting the expenses on cord blood collection and storage methodologies. This will not yield the best results for you and may result in contamination of the cord blood. Others may compromise on security or on the quality of service they provide. If you want the best of everything you will have to pay the cord blood banking costs.

So it is important to remember that if you want the best service you must expect to pay more for it. You must keep in mind the fact that you want the highest volume of securely stored and viable stem cells at a future date for the use of your child or your family members and cord blood banking costs must not be allowed to sway your decision. It will not be in your interest to compromise on cord blood banking costs at this stage to find that all your efforts have been wasted as the cord blood has been contaminated when it is required.

What is the cord blood banking cost range and average cost per year?

Public cord blood banks give all the services free of charge.