Is investing in an umbilical cord blood banking worth it?

This service which currently costs around $3,000 with an ongoing annual fee, is considered as a safety-net facility because of its benefits not only for your child but also potentially of your immediate family.

From your baby’s umbilical cord, the procedure entails harvesting 60-80 ml of blood which will contain stem cells that are perfectly compatible with your child’s immune system and facilitate recovery from treatment for a number of diseases such as leukemia or Hodgkin’s disease. Since it will be banked in a long-term facility to maximize yield of stem cells, the harvested cord blood could also potentially match-compatibility for a parent or sibling.