Umbilical cord blood (also called cord blood) is the blood in the umbilical cord and placenta. The placenta grows in your uterus (womb) and supplies your baby with food and oxygen through the umbilical cord.
Usually health care providers discard the placenta, umbilical cord and cord blood after a woman gives birth. But some families store the cord blood so it can be used later on to treat diseases. Storing cord blood is also called banking.
How do you know if banking cord blood is right for your family?
You have two main options to store your baby’s cord blood:
- You can donate cord blood to a public cord blood bank. There is no cost to you to store your baby’s cord blood at a public bank. But the cord blood donation is used for research or to help others who need cord blood. If you or a family member needs cord blood, you can’t use the blood you donated. Not all hospitals allow cord blood donations to public banks. Visit the National Marrow Donor Program to see a list of hospitals that allow donation to public cord blood banks. The American Academy of Pediatrics (also called AAP) recommends donating cord blood to a public cord blood bank.
- You can store cord blood in a private cord blood bank. Cord blood stored in a private cord blood bank can be used by you, your baby or a member of your family if it’s ever needed. The chances that you or someone in your family may need to use your stored cord blood are very low – about 1 in 2,700. But if someone in your family has a health condition that may need to be treated with a stem cell transplant, storing cord blood may be a good choice. The cost for a private bank is about $2,000, plus a yearly fee of about $125, depending on the bank you use.