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Cord Blood BankingRoutinely thrown away as medical waste, umbilical cord blood contains cells that can be harvested to successfully treat over 40 diseases in not only your baby, but possibly siblings, parents and grandparents. This rather new technology is exciting for families who are predisposed to certain genetic diseases, immune system deficiencies and blood disorders. The cost for storing the cells can be rather high, but must be weighed with their ability to help treat a family member. At this time there are a large number of companies who bank cord blood and will offer a collection kit for you to take to the hospital. Look at all the costs and benefits for your family before deciding to participate in one of the programs. Use the internet as your starting point for research. We have included some questions you should ask any of the storage facilities you are considering.• Where does the company store the cord blood units and is that facility accredited by the American Association of Blood Banks and CLIA approved? • What collection method does the company utilize? • How much does it cost to bank your child’s umbilical cord blood? What is included in the cost and is there an annual storage fee? • Is there a cost to retrieve the cord blood in the event it is ever needed? • Does the company provide for a private medical courier to transport the cord blood unit? • What type and extent of testing is done on the baby’s cord blood? Does that include the cost of HLA typing if unit is needed for immediate transplantation? • Have any units been retrieved and used for transplantation? If so, have the transplants been successful? • Are there any published studies on transplant outcomes? • What happens with your baby’s cord blood should the company go out of business? • What are the future plans of the company in regards to stem cell research?
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