Important
Patient Information Regarding CORD BLOOD COLLECTION
Cord blood is rich in stem
cells and may be useful to families in the treatment of
certain medical diseases that might befall them during their
lifetime. It is important that all obstetrical patients
are fully informed about the option and its associated expenses
so that they can make decisions that are appropriate for
their individual families.
Currently, there are two
options available for cord blood collection: public and
private.
Public banking involves the donation of
the cord blood, free of charge. The cord blood would then
be available for anyone to use. The National Cord
Blood Program oversees the cord blood stored and
provides a searchable database for physicians who care for
patients with diseases amenable to cord blood therapy.
More information on this
program can be found at www.nationalcordbloodprogram.org.
With private banking,
the cord blood is stored for possible future use by the
child, a sibling, or other family member. This involves
an initial processing fee followed by annual maintenance
fees. Private companies require a contract signed by the
mother in advance of the infant’s delivery. The likelihood
of the cord blood actually being used within the family
given the current technologic treatments is remote (ACOG
Technical Bulletin 2009), unless there is an affected family
member at the time of collection.
There are several companies
that provide cord blood banking. Two of the largest companies
are Viacord
and CBR.
The physicians at Maternal Fetal Medicine Associates
do not endorse any particular firm over another. Some companies
reimburse us directly for each patient who signs up for
private cord blood collection. This reimbursed amount is
currently placed in a separate account and is used to support
our research endeavors.
Whether a patient chooses
to bank cord blood, whether to donate to the public bank
or store with a private company, and which company to use,
is completely up to the patient. However, we believe every
expectant family should make an informed decision about
this option. Patients should also feel free to discuss this
option with one of the physicians at the time of their prenatal
visits.
Furthermore, patients need
to be aware that private cord blood banking is not covered
by insurance. If patients choose to bank their baby’s
blood with a private company they will be responsible for
two separate fees; one charged by the physicians for cord
blood collection at the time of delivery, and fees charged
by the cord blood banks for storage.
The fees charged by private
cord blood banks for storage vary widely among the various
companies.
For more information on the topic of Cord Blood Collection,
please refer to the March
of Dimes Fact Sheet: Umbilical Cord Blood
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