Why Stem Cell Banking Costs Matter

Stem cell banking is a process by which blood or cord tissue is collected and stored for future use. The stem cells can then be used in a variety of ways, including to treat cancer, blood disorders, and even spinal cord injuries.

Banking your family’s stem cells is an important decision and one that should not be made lightly. In addition to the initial costs of collection and storage, there are also annual fees associated with maintaining the banked cells.

What Are The Costs Of Stem Cell Banking?

The stem cell banking costs can vary depending on a number of factors, such as whether you are storing cord blood or cord tissue, and the length of time you plan to store the cells.

Initial costs for cord blood collection and storage can range from $1,500 to $2,500. Cord tissue collection costs are typically slightly higher, ranging from $2,000 to $3,000.

Annual storage fees for cord blood typically range from $100 to $200 per year. Cord tissue storage fees are usually somewhat higher, ranging from $150 to $250 per year.

It’s important to note that many insurance companies will cover the costs of stem cell collection and storage if it is deemed medically necessary. However, they will not cover the costs if you are banking the cells for future use.

Is Stem Cell Banking Worth The Cost?

While the initial stem cell banking costs may seem high, it is important to consider the potential benefits of having banked cells available should your child ever need them. In addition, many families find that the peace of mind knowing they have a source of stem cells available is priceless.

Conclusion:

Stem cell banking is an important decision for any family expecting a child or with young children at home. While there is a cost associated with collecting and storing the cells, many families find that the peace of mind knowing they have a source of stem cells available is priceless.