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What Is The Purpose Of A Cord-Blood Bank? What Are They About And What Benefits Can They Cause For You?
One of the most exciting innovations in the medical community in recent years has been the advent of umbilical cord blood banks, and with them, the ability to cryogenically preserve an amount of your child'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, because it precludes having to locate a donor - many times not an easy task.
So, what position do the cord-blood banks hold?
A key one, actually. First of all, there's a difference between public and private cord blood banks. Community banks accept gifts of umbilical blood and don't charge a storage fee - however, the blood is not stored for the purpose of saving it for the one particular donor child who it first belonged to. Public umbilical cord blood banking facilities distribute the cord blood they have stored to anybody with a medical emergency that might need a cord-blood transfusion.
Private cord blood banking agencies, on the other hand, save your baby's cord blood just for your child and for no one else. Due to the fact that the cord blood is being cryogenically preserved for one specific recipient, however, there's a large cost due for collection and storage.
The advantage, of course, is that if your child is ever in need of a transplant, his or her own cord-blood is securely waiting for them at the private cord blood bank.
There's, of course, some controversy - there are people who believe it is morally wrong to for a private institution to charge a fee to preserve what should be publicly donated for the benefit of the community, and then there are some who think that it's a parent's right to use biological material belonging to their child in whichever way serves their own kid's best interest.
The controversy surrounding private versus public cord blood banking is an intense one. Take a look at the controversy to get all the factual information, and make sure you're making an informed decision for your child's life.
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