Modern science has undergone unmatched heights – thus offering a way to extend life span for more years. One of the processes of doing so is the storage of cord blood. It is the way to stop the spread of deadly diseases like cancer and leukemia. In addition, it provides an effective antidote to cure diseases.
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The cord contains stem cells, tissues, and placenta, which can be stored to cure future diseases. Over 80 diseases can be cured with cord blood, and that is why parents today look for cord blood banks to store their blood. Therefore, in the next section, we will discuss the cost breakdown of affordable cord blood banking. However, at first, you need to know –
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What Is Cord Blood?
Cord blood refers to blood collected from the umbilical cord, which contains certain cells and tissues that can easily cause deadly diseases. It contains hematopoietic stem cells, mesenchymal, epithelial, and endothelial stem cells, and placental tissue. All of these cells and tissues can help you enhance your regenerative ability and keep your family and friends.
That is why doctors today ask parents to store the cord blood so that they can use it later as a replacement. And for that, you need a blood bank that will store the blood for as long as you want. Therefore, the most affordable cord blood banks keep an annual plan or 20-year plan for people to store cord blood.
A Breakdown of Costs Of Affordable Cord Blood Banking
As discussed earlier, affordable cord blood banks have an annual and 20-year plan, where you have to pay some money upfront and later on a monthly basis. Here are a few options that you can explore for a better future –
Cord Blood Only: Best Value
If you are looking to get the best value, then you can store only the cord blood from an affordable cord blood bank. Popular options include AlphaCord and HealthBanks. It will contain hematopoietic stem cells that can cure up to 80 kinds of diseases. Moreover, it is commonly used in transplant medicine with treatments given to people suffering from cancer and blood transplant issues.
Consequently, you can avail of the services by clicking on the annual subscription, which charges around 65 USD a month. After that, the bank will charge 150 USD as a storage fee besides your annual subscription.
However, if you are looking for a long-term plan, you can pay an upfront payment of 2,895 USD, and monthly, you have to pay 253 USD. The long-term plan refers to a 20-year plan – thus keeping your future ready and secure.
Cord Blood And Cord Tissue
Another thing you can access is their model of Cord Blood and cord tissue. It is a more advanced model, where they will store both the blood and the tissue of cord blood. This is done to quicken the regeneration process in the body.
The stored blood will contain mesenchymal, epithelial, and endothelial stem cells. This will further give you additional treatments and increase the flow of regenerative abilities. Consequently, you choose the option.
In addition, it will cost 92 USD per month if you choose their annual plan, which will keep the blood stored properly. After that, they will charge an additional 300 USD with the storage fee after one year. For 20 years, you need to pay an upfront amount of 5,195 USD, and monthly, you have to pay 446 USD.
Cord Blood, Cord Tissue, And Placenta
Lastly, most doctors recommend Cord Blood, Cord Tissue, and Placenta. This is because it will give people the best value for money as well as better options to treat their families. In addition, it will ensure the safety and security of your whole family. It will contain everything you need from stem cells.
Furthermore, to access the services, you have to pay 112 USD per month annually. After that, they will charge 400 USD with the storage fee. However, if you are planning for the long term, around 20 years, then you have to pay 7,555 USD upfront and 645 USD per month.
So, you can choose any plan to give the best safety and security to your family for their better prosperity.
The Bottom Line
In the end, we can say that these plans have different cost breakups. Therefore, as per your capability, you can avail the services and ensure the safety and security of your child. Consequently, you have to ensure that there are no hidden charges while accessing the services of the cord blood bank.