When it comes to cost, it is the first thing that often comes to mind to those expectant parents who wish to store their blood in the cord blood bank. Well, they need to know the fact that cord blood bank costs tend to vary from company to company that offers cord blood banking facilities. While searching for cord blood banking in a country like the US, you will come across plenty of options. And their storage cost is indeed different. So, you need to store your cord blood accordingly.

There are two types of blood banks available to store your cord blood. Some of these are privately held whereas others are public cord blood banking. If you don’t wish to spend even a single penny on your baby’s cord blood storage, it’s advisable to approach public cord blood banks since they offer their services without charging anything. Be its collection process, testing, or storage, the public held blood banks don’t charge for anything from their customers.

Private blood banks, on the other hand, charge for everything. So, if you have decided to approach them you need to be ready to spend your hard-earned money. Whether you approach a public or private blood bank, they both needs parents especially the mother of the child to go for different testing be it HIV, hepatitis, or others.

Financial Aid for Cord Blood Bank

Yes, financial aid is available but only for those who have sick children who could avail of the benefits of umbilical cord blood. There are many public banks and even private banks that have a special program that aims to provide the greatest assistance be it for processing cord blood processing or its storage.

But, one can avail of such assistance only if their baby has a biological sibling who is suffering from diseases. Some cord blood banks facilitate you to store your baby’s cord blood for at least one year.

Why One Should Consider Private Cord Blood Bank

A private cord blood bank has numerous advantages to those people having a family history of various diseases that are harmful to the immune and blood of your human body. Some of these diseases are cancers, leukemia, sickle-cell anemia, and various diseases related to metabolic disorders.

Those parents who are blessed with a child who is suffering from illness with any of the above diseases can grab opportunities to find the best match with the cord blood of their baby. Besides, those parents who have a family history of diseases like Alzheimer’s autism, diabetes, etc, can also avail of numerous advantages from using cord blood.

Though it’s not possible to cure these diseases completely with the use of umbilical cord steam cells, researchers nowadays work hard to find ways for curing them by using cord blood.

Factors that determine the cost of Cord Blood Storage

So, if you are fully determined to storage your baby’s cord blood in the bank, then you should also know various factors that determine the overall cost. Take a look at all those factors that have a higher potential to affect the cord blood bank cost to a wider extent.

Total Monocular Cell Counts

When it comes to mononuclear cell counts, these are something that tends to differ from nucleated cell counts by the exclusion of polymorphonuclear cells like neutrophils that can’t be included in strategies for volume storages.

Total Volume

This is another factor that impacts the overall cost of cord blood storage. The collected volumes are related to hematopoietic measures of unique quality such as overall nucleated cell count. It is helpful for a bank in deciding units that they can exclude even without any kind of characterization that relates to higher cost.

Apart from these, many other factors such as Mononuclear Cell Count, CD34+, Age of Unit, and others also play a crucial role in determining the cost of blood storage.