Find the Best Cord Blood Banks in Beaver Dam, WI

How to choose a cord blood bank in Beaver Dam

Beaver Dam residents considering cord blood banking should choose a cord blood bank that is registered with the Food and Drug Administration. It’s also good to look for accreditation from professional organizations such as AABB. There are both private and public cord blood banks.

• Private cord blood banks: Private cord blood banks preserve a baby’s stem cells for exclusive use by your family. When you enroll with a private cord blood bank, it sends you a kit to give to your health care provider to collect the cord blood and makes arrangements for the cord blood to be sent to its lab for storage. Private cord blood banks charge a one-time processing fee and storage costs, or they combine all costs into one amount.

• Public cord blood banks: A public cord blood bank stores cord blood stem cells for use by the public. There is no cost to donate to a public cord blood bank. Not all hospitals participate in public donation, so it’s important to contact the hospital first to confirm cord blood donation is possible.

Besides checking registration and professional accreditation and deciding between private and public cord blood banking, Beaver Dam families should also look at factors such as cost, the company’s experience and success rate with transplants, guarantees and the company’s financial stability.

How much does it cost for cord blood banking in Beaver Dam?

In Beaver Dam, the cost of cord blood banking ranges from $3,000 to $6,000 for 20 years of storage. Cord blood banking companies in Beaver Dam also allow you to pay an initial fee of $1,000 to 2,000 and a yearly fee for storage ranging from $120 to $200. You can save by paying upfront for long-term storage. Prices increase if you choose to add storage of cord tissue or placental tissue.

Health insurance generally does not cover cord blood banking, though there may be exceptions for medical necessities. Check with your insurance provider to be sure. Also, look for sibling discounts, special promotions and seasonal sales, like in July, which is National Cord Blood Awareness Month.

Pros and cons of cord blood banking in Beaver Dam

There are pros and cons of private cord blood banking in Beaver Dam.

Pros:

Cons:

Beaver Dam cord blood banking FAQ

What diseases can cord blood cure?

According to the FDA, cord blood is approved for use in stem cell treatments in patients with certain hematopoietic system disorders, including leukemia and lymphoma. Americord, one of the companies listed on this guide, states that cord blood stem cells can be used to treat over 80 medical conditions.

Can parents use baby's cord blood?

The FDA says that cord blood can be used by your baby’s first- or second-degree relatives.

Can I donate cord blood in Beaver Dam?

Not all hospitals assist with cord blood donation after childbirth. UW Health recommends calling the hospital where you plan to deliver your baby to learn if you can donate cord blood there.

Is it worth banking cord blood?

If you have another child or family member with a medical condition that is treatable with cord blood stem cells, then you may want to consider private cord blood banking. By doing public cord blood banking, you may help save a stranger’s life. Speak with your health care provider and thoroughly research cord blood banking before making a decision with your family.