Public VS Private Banking

Besides having to deliver at a specific hospital, with public banking you choose to relinquish ownership of your baby’s cord blood sample for public use. And unless you meet strict qualifications, your baby’s cord blood could be discarded. Though there is no cost for this generous donation, if your baby needed a stem cell transplant, it could cost up to $45,000 to retrieve them, and only if they find a match! Banking privately, however, allows you to give birth at any hospital, including comfortably at home with a midwife. Not only is it an easier process overall, you will have peace-of-mind knowing you have rightful access to stored stem cells that are a 100% match to your baby (at a much cheaper cost). Learn more about the pros and cons of each below. ACCESS Public: With public banks, you are limited to delivery at hospitals that handle public cord blood donation. Not every U.S. hospital offers public banking due to funding limitations. Private: Through private banking you can give birth at any location, using the company’s collection kit, and a medical courier will come to the hospital, pick up your baby’s cord blood/tissue and bring it to their lab. RETREIVAL Public: Once you donate your baby’s stem cells to a public bank you relinquish ownership, and therefore anyone can retrieve your baby’s stem cells. Private: At a private bank only you can retrieve your baby’s stem cells. STORING Public: Either due to low funding or low stem cell counts, nearly half...
Source: Cord Blood News - Category: Perinatology & Neonatology Authors: Tags: babies Cord Blood Cord Tissue Education parents Uncategorized Source Type: blogs