My friend, who has Type 1 Diabetes had her sons cord blood stored. She hopes to be able to use it in the future to help and possibly cure her illness.
She stored it at a cost of $3000 - not sure where though.
Medical researchers believe that there are many benefits of banking your baby's cord blood as it may help to cure illness such as my friend's in the future. IMO it would be beneficial to store the blood if you (or a family member) had such an illness. Apart from that I don't believe that it is necessary and it is much more beneficial for your baby to get that blood if you don't have a real need for it.
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