Because nothing is free hardly these days it is safe to say that the same goes for cord blood banking. But people don’t mind paying for something that may end up saving a life. When a parent decides to bank their cord blood they have a choice to use a private bank or a public bank. Either one charges a fee but the fee depends on the bank.

 Most of the banks charge a collection fee from the hospital the day you deliver the baby. Then there will be a monthly charge to keep the cord blood banked until you need it. Hopefully you will never need it but if you do you will have immediate access to your cord blood to help.

To determine the amount that it will cost you, the first thing to do is to contact your doctor to find out which banks they are associated with. Then contact the banks to ask them how much they charge for collection and then the monthly fee. Also make sure that you find out if there are additional charges as well so you can be prepared. Most of the banks will charge an extra $50-$100 for the collection and the monthly fee for banking will run about $100 per month.

It may seem overwhelming to you to consider making another payment for the rest of your life but it will be priceless if you ever need it. Consider cord blood banking today.

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