The prospect of storing your baby's umbilical cord and stem cells is an exciting one, but it can come with a hefty cost. Parents in the United Kingdom are increasingly turning to cord-blood banking services to store their babies' umbilical cord stem cells, but what is the true cost of this procedure?
Umbilical cord storage costs in the UK vary between providers, but understanding these costs can help parents make informed decisions when considering cord-blood banking. Before making any decisions, it is important to understand the different types of umbilical cord storage services available in the UK, as well as the associated costs.
The two main types of umbilical cord storage in the UK are private and public storage. Private storage involves paying for a cord-blood banking service from a private company, while public storage allows parents to donate their baby’s cord blood to a public cord-blood bank. These services come with different cost implications, so it is important to understand the differences before making any decisions.
Private cord-blood banking services typically charge a one-time fee for processing and storing the umbilical cord stem cells, as well as an annual storage fee. The cost of the initial processing fee can vary from provider to provider, but typically ranges from £1000-£2000. This fee usually includes the cost of collection, testing and storage. The annual storage fee is usually around £100-£125 per year, although some providers may charge more or less depending on the type of service they offer.
Public cord-blood banking services in the UK are provided free of charge by the National Health Service (NHS). The cost of collection, testing and storage is covered by the NHS, so there are no additional fees for parents. However, the number of cord-blood units accepted by the NHS is limited and not all donations are successful. Therefore, it is important to be aware that there is no guarantee that your donation will be accepted.
Overall, the cost of umbilical cord storage in the UK depends on the type of service you opt for. If you decide to use a private cord-blood banking service, you should expect to pay a one-time fee for processing and storage, as well as an annual storage fee. Alternatively, if you choose to use the public cord-blood banking service provided by the NHS, the cost of collection and storage will be covered by the NHS. Whichever option you choose, it is important to do your research and understand the associated costs before making any decisions.
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