Because nothing is free these days is hardly safe to say that the same is true for cord blood. But people don't mind paying for something that may end up saving a life. When a parent decides to Bank their cord blood they may choose to use a private or a public bank. Whether one applies a fee, but the fee depends on the Bank.
Most banks charge a fee collected from the hospital the day I deliver the baby. Then there will be a monthly fee to keep the cord blood banked until you need it. We hope you never need but if you do you will have immediate access to your cord blood for help.
To determine the amount that will cost you, the first thing to do is to contact your doctor to find out which banks are involved. You can contact the Bank to ask them how much they charge for the collection and the monthly fee. Also, make sure you find out if there are any additional charges as well so can be prepared. Most banks will charge an extra $ 50-$ 100 for the collection and the monthly fee for banking will run about $ 100 per month.
It can seem overwhelming to you to consider another payment for the rest of your life but will be invaluable if you ever need. Consider the cord blood banking today.
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