Wednesday, October 17, 2007

banking - Pros And Cons Of Cord Blood Storage Or Cord Blood Banking

This new medical promise of treating diseases through stem cell cord blood banking has drawn the attention of a large mass. However, there are mixed opinions regarding umbilical stem cell cord blood. There are certain issues like ethics, racial groups, family history of genetic disorders, and others that dominate the decision for cord blood storage.

Factors To Be Considered For Cord Blood Donation

  • Recipient's compatibility - due to the immaturity of the stem cells present in cord blood, the recipient has a reduced risk of graft vs. host disease, which is a potentially serious immune response.

  • Convenience - it is easier to regain cord blood than bone marrow. This is because it is stored cryogenically and is readily available for transplant. It is hard to find bone marrow donor and its retrieval process is intricate.

  • Ethnic or racial groups - Race and ethics come in the way of bone marrow donation. Cord blood banking, in which cord blood is stored during childbirth, comes to the rescue at the time of need.

  • Free services - for families who are unable to afford the cost of cord blood registry, there are certain private banking companies that have come forward to provide free services.

    PROS

  • The major advantage of saving cord blood is that it is readily available at the time of saving the life of someone. The stem cells are already stored at the cord blood bank, hence, can be readily available in case the need arises for transplant.

  • There is no pain or other harm involved in cord blood collection to either the mother or baby. It is a very simple process carried out immediately after delivery.

  • Cord blood cells have the potential to help in the treatment of more than 50 diseases including leukemia, critical sickle cell anemia, aplastic anemia, and others.

  • Stem cell cord blood has higher probability of becoming the perfect match for family members and relatives and has no risk of rejection by the recipient's body.

    CONS

  • There are no exact estimates to confirm that an average child without any risk factor will utilize her own saved cord blood.

  • The commercial cord-blood bank demands about $1,500 for cord blood registry, not mentioning the $100 maintenance fee every year.

  • Besides this, you may have to shell out a few hundred dollars to obtain the cord blood collection kit, for courier charges, and for initial steps of cord blood banking.

  • Most of the stem cell transplants are done only on kids or adolescents. Moreover, cord blood stem cells are not sufficient for an adult transplant. A large-sized person needs a larger amount of blood forming stem cells for a successful transplant.

  • There is no concrete evidence that states that stem cells of a relative provide a greater success rate than those drawn from a stranger. Both the donors have equal success rate because the cord blood stem cells are immature, therefore, it doesn't matter if there is no perfect match for getting an unbeaten bone marrow transplant.

  • Doctors have little experience in cord blood stem cell transplantation.

  • Some medical experts are of the view that an ill child receiving her own cord blood stem cells may become prone to get the same disease again. However, there is no medical evidence proving it true.

    Cord blood storage might become a new trend very soon. However, the decision to go for cord blood banking is entirely yours. In addition, you have to decide well in advance of the due date because once you lose the precious blood, you cannot regain it. Anyways, it's good to have something to fall back upon at times of emergencies, isn't it?

  • Cord blood banking is mushrooming these days. Know whether your baby's cord blood is really in a secure position. Can it be used after 20 years, if your little darling or any other member of your family needs it? Cord Blood Banking answers these and many more questions related to cord blood storage, cord blood banking, cord blood donation, and selecting the right cord blood registry.

    Article Source:http://EzineArticles.com/?expert=Saurabh_K_Jain

    banking - Open Up A Bank Account Online

    The Internet has made every day life a lot more convenient for everyone, and opening a bank account online is just one of those conveniences. It is simple, quick and easy. Best of all being that it only takes a few minutes to do.

    If you're like most of us, you really don't have the time to go to the bank, and wait in the customer service area until someone has time to help you. Most, if not all of the local banking institutions in your area offer online account management, so if you do not already have an account established, you could open a bank account online.

    Online banking is a convenient and secure way to keep track of transactions, and customers can view all accounts at a glance. The local bank is always available to make deposits and complete other financial transactions that need to be taken care of in person. If you choose to go with a bank that doesn't have a local office, deposits must be mailed or wired because most online banks do not offer transfers between outside bank accounts.

    Before you open a bank account online, check out all the different services offered by online banking institutions, and make your choice based on which ones fit your needs the best. Many banks offer free checking with no minimum balance, no monthly fees, free bill pay, ATM/debit card, overdraft protection, with or without direct deposit, as well as other banking services like stop payments and copies of checks written. Some banks also pay customers interest based on average daily balance for savings and checking accounts, or have other interest incentives to keep the balance above a specified minimum.

    As mentioned earlier it isn't necessary to open bank accounts online with financial institutions that have local branch offices in your area, but it is more convenient for making deposits that cannot be directly deposited, especially if you're in a hurry to get the money into your account.

    If you haven't already, it's time to join the 21st century and get on the ball and open a bank account online, or start using the online banking features offered by your present financial institution. Enjoy the convenience of banking online and make better use of your time by paying bills directly with e-pay, and take advantage of all the time saving features that are offered by your bank.

    You can easily direct deposit funds into your accounts and pay your bills online. This is a great money management tool that also allows transactions to be downloaded into your personal Quicken, or other accounting program.

    If you haven't already done so, open a bank account online today and make your day-to-day life just a little bit easier.

    No comments: