Blood and tissue from the umbilical cord and placenta contain stem cells that can be used to treat anemia, cancer and immune disorders. Many expectant parents consider cord blood banking as an investment in their children’s health, but understanding the ins and outs of cord blood banking is difficult. Fortunately, our partners at ConsumerAffairs researched the best cord blood banks in Lansing to help you make the right choice.
Young families live throughout Lansing in the communities surrounding East Lansing Public Schools, the Waverly Community Schools District and the Lansing Public School District. Although Lansing’s birth rate is declining, over 3,000 births occur in Lansing every year, and all of those families can have their umbilical cord blood banked.
According to the Food and Drug Administration, cord blood banking helps treat many conditions, including:
Cord blood banking pros and cons
Weighing the pros and cons of cord blood banking is a necessary step for most Lansing families.
Provides lifesaving support
High initial cost and annual storage fees
Donations possible for public use
Medical advancements can put banked resources to greater use in the future
May never be necessary
Ideally, you and your loved ones will stay healthy and never need your umbilical cord blood stem cells. Decide what’s right for your family based on your medical history and finances.
How is cord blood stored?
Umbilical cord blood is stored in one of two ways:
Public cord blood banks allow donated cord blood to be used by anyone who needs it as well as for research purposes.
Private cord blood banks store donated blood for use by the donor and their family members.
The FDA regulates cord blood banks, but check for any additional accreditations from the AABB or the Foundation for the Accreditation of Cellular Therapy.
How much does cord blood banking cost in Lansing?
Private cord blood banking in Lansing costs $500 to $2,500 initially and may have annual storage rates of up to $300. Donations to public cord blood banks in Lansing generally don’t cost you anything.
Who can use cord blood?
There’s a mistaken impression that only children and their mothers can benefit from banked cord blood. Family members are sometimes able to utilize banked cord blood stem cells as well as members of the general public with matching genetic markers.
If you have rare genetics, consider that you and your children may have difficulty getting umbilical stem cells from the public cord blood registry in Lansing. On the other hand, by privately storing your cord blood, you’re depriving other people in Lansing with similar genetics as well. Weigh the risks and benefits to decide for yourself.
Americord is a private cord blood and tissue bank that stores materials for 20 years or longer. This AABB-certified company uses state-of-the-art technology to collect the most stem cells possible. Customers like that financing is available and that Americord includes storage fees upfront.