Public and Private Cord Blood Banking – Which One Will It Be?
When it comes to cord blood banking, parents have two options to choose from. They can either go for private or public banking. Of course, these two facilities are very different from each other but they provide you with proper storage services for your cord blood. Stem cell research has earned the attention the public over the years because of the discoveries made by people working in the field of healthcare and medicine. Based on the studies that they have done, cord blood contains the most important cells that can help heal the body – the stem cells. These cells are significant in the sense that they aid in warding off diseases no matter how serious they are.
If you are going to choose public cord blood banking, you need to understand that this does not give you the assurance that you will be able to use your own cord blood or the cord blood of your child. The reason for this is that public banks will receive your cord blood and store it for free, but they can give it to any patient who will need cord blood for treatment. They can give away anybody’s cord blood without seeking for permission from the owner.
On the other hand, private facilities give you the same services like with those of public banks. The main difference is that you need to pay the fees involved. But, unlike in public banks, the cord blood that you will give for them to store will be for your personal use only. If ever there will come a time wherein you need to take the cord blood out, you are assured that you have it at your disposal. If you have the means and financial capacity to store your cord blood in a private facility, do it. It is a sure way of preserving the future of your loved ones.
Hrmm that was weird, my comment got eaten. Anyway I wanted to say that it’s nice to know that someone else also mentioned this as I had trouble finding the same info elsewhere. This was the first place that told me the answer. Thanks.