Cord Blood Banking - Is It Worth The Investment?

Cord blood banks advertise heavily on television and in magazines read by pregnant women. The ads can leave mothers feeling guilty if they choose not to bank the cord blood or like they are tempting fate by not doing it. At the very least you may be wondering if it is worth the investment.

 

It is a significant investment for many families, especially in the current economic climate. Cord blood banks charge two different fees for their services. One is a collection fee which covers collection, enrollment in the program and the first year’s storage fee for the cord blood. This fee can be over a thousand dollars. The second fee is an annual storage fee, which usually is around $100.