Parenting

Friday, December 11, 2009

To Bank or Not to Bank: I saved my first child’s cord blood. Should I do the same for my second?


By Ellen Friedrichs.

I had a long list of things I meant to do before having my daughter almost three years ago. I meant to clean my bathroom. I meant to buy a nursing bra. I meant to inform my health insurance company about her imminent arrival, get a bassinet and shave my legs. I also meant to look into cord blood banking.


But then she came three weeks early.


I had gone in for a routine early morning OB appointment. Pretty soon, I found myself in a cab speeding to the hospital after my doctor determined that my water had broken and had probably been leaking for the past week. At the time, my thoughts were more on figuring out how to contact my sleeping boyfriend, whose phone I knew was turned off, than they were on dealing with all my unfinished business.


Thanks to a friend who had our keys, my boyfriend was roused and made it to the hospital before our baby did. And despite the urgency I had felt during my appointment, things didn't move so speedily once there and we had plenty of time to kill. So in between watching bad TV and sneaking snacks, we perused the cord blood brochures lining the nurse's station.


Suddenly, the $2,000 collection fee didn't seem so outrageous.
They looked a lot like the ones I had spent the last nine months ignoring in my doctor's office. On the cover was a cute little tot with her T-shirt pulled up to reveal a cute little bellybutton. The promise of umbilical cord stem cells and amazing predictions for their use in curing everything from blood disorders to leukemia served as text. Rounding this out was a section dedicated to testimonials from parents of sick kids who were deeply grateful that they had banked.


Once I bothered to look at it, the pitch was pretty effective. Suddenly, the $2,000 collection fee and $250 a year storage cost didn't seem so outrageous. I mean, this was our daughter's future health we were talking about!


So we went for it.


A few months later I asked a midwife friend for her thoughts on cord blood banking. She scoffed, telling me that the reality of any child ever actually being cured of a disease due to her own cord blood was pretty miniscule. She hadn't banked blood for either of her daughters and slept just fine at night. She also gently mentioned that some people viewed private banking as uncharitable and instead opted to donate cord blood to a public registry. This, she explained, was not only free, but was done for the greater good. Publicly banked blood could be used to treat medical conditions in anyone who was a match. Oh.


Now with my second baby due in a month, and despite the fact that my boyfriend is still on the fence about the issue, I am not inclined to bank privately again. Not only is the cost prohibitive, but the motives of these banks seem more driven by profit than science. Subsequent research alerted me to some things I hadn't realized the first time around.

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Comments 1-9 of 9
  • Nini Poo's Avatar
    Posted by Nini Poo Thu Jun 4, 2009 9:31am PDT

    I'm due next month and while we will not be doing the banking, I'm still all for it. In my research however, I learned that the banked blood could be used for the child that it came from, either parent and any other biological children the two of you may have.

    I was wondering if I'd have a hard time sleeping at night, not having decided to bank the blood, BUT with no genetic diseases on either side of the family we decided against it. I am thinking about donating it though.

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  • kay's Avatar
    Posted by kay Thu Jun 4, 2009 5:29pm PDT

    i suppose its a good idea in theory, but on the other hand, i feel like there are much better uses for the money. if you save what you would be paying in collection and storage fees, you would have about 6500 dollars that could go towards college or another more pressing financial situation. as a student in college, having 6500 dollars to put towards my education would be far more sensible than having cord blood stored somewhere, that had no real guarantee to exist or be medically sound in a few years. and to be relevant, i was born 2 months early and am a twin, and have never been hospitalized for any illness or major injury. especially in these economic times, i feel like there are much better investments than cord blood banks. though, if i was going to do it, the public one seems like a much better option, because if your child never need it, someone else might.

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