I participated in a campaign on behalf of Dad Central for the Cord Blood Registry. I received promotional item to thank me for my participation. When Katie was pregnant we heard about cord blood banking. I hadn’t heard about it before, and when I learned insurance wouldn’t cover it I stopped researching it because we didn’t have any money. We were both students in college. However, now that we are making a little more money I have been interested in learning a little more about it so if the time comes again I can make a more informed decision. It really is interesting how much could blood banking could benefit newborns in their future. Let me explain it little about it. Cord blood banking refers to the storing of umbilical cord blood to be used later in regenerative medicines. CBR stands for Cord Blood Registry, which is a company that helps parents store and use cord blood. CBR helps parents recover cord blood in order to preserve valuable stem cells that can aid in regenerative medicines. Many may remember the controversies surrounding embryonic stem cells. Fortunately, using stem cells from an umbilical cord runs into none of the ethical dilemmas of embryonic stem cells. Plus, unlike stem cells extracted from bone marrow or peripheral blood there is no recovery time necessary for the donor. Additionally, stem cells taken from oneself are guaranteed to be a perfect match which is more of an advantage for minorities and individuals of mixed race. Some medicinal uses of cord blood stem cells have already been created, but many more are being tested in FDA-regulated clinical trials. Stem cells can help repair damaged and diseased tissue or organs. It has been predicted that a third of people in the US might benefit from regenerative therapies during their lifetime. Many of the current 230 clinical trials testing cord blood stem cells for regenerative abilities deal with the nervous system. Some of those trials seek to address acquired hearing loss. Many different types of hearing loss are permanent, and many treatments for hearing loss don’t really cure the ear. I had some hearing problems when I was younger, but fortunately with surgery I was able to gain normal hearing. I was set back a little with my speech and social development. Regenerative hearing therapies could drastically change many people’s lives. Here is some more information about this hearing loss clinical trial. Hearing Loss Trial Press Release_Final_Jan16, If you are about to have a child, your child could be one those whose life could be seriously changed by yet to be developed medicines based off of cord blood stem cells. Many parents are aware of cord blood banking, but only about a third understand the full extent of likely medicinal applications of cord blood banking. During a pregnancy there are a lot things that a father can do to help prepare his home and finances for a new born child. Fortunately, now we live in a time where parents have the option of having their child’s cord blood banked. Having your child’s cord blood banked now could save a lot of money in potential medical fees that could be cured buy remedies developed from cord blood stem cells and tissues. Unfortunately, not every hospital is capable of helping to retrieve and storing cord blood. For those who can, you can get private banking or donate to public banking. Additionally, the Family Cord Blood Banking Act has been introduced in the US Congress that would allow cord blood banking services to be considered a qualified medical expense that tax advantaged health funds such as medical savings accounts can be used for. It is possible that future legislature could make affording cord blood banking long term more affordable. Parents should give serious consideration to their finances and potential medical benefits before making a decision as to whether cord blood banking is right for them. If it is right for you then Cord Blood Registry has proven itself to be a leader in the field. CBR has the highest recovery rate after red blood reduction, 99%. Two-hundred sixty plus families have already used stem cells for treatment. The initial price is about $2,000. However, if you go to cordbankingbasics.com and fill out an information request form before March 24th, 2014 you will receive a $200 coupon. Annual storage afterwards starts at $130. Their prices have been shown to be the best value. The provide a higher quality for an average price. If you have any questions for Cord Blood Registry feel free to ask @cordblood on twitter.