After months of deciding and delaying, we finally decided to bank the cord blood, and with Cordlife instead of Stemcord. Well, it’s not with a lot of reasons though. Initially we had wanted to go with Stemcord, which has a promotion with Mount Alvernia, and that a friend of mine had encouraged me to take this up. But then, the first impression that they gave us at our first antenatal class doesn’t impressed us at all, not even that little bit. In fact, the lady who presented made it even worse so much so that we didn’t really want to bank it at all.
Subsequently after that, we were too busy and didn’t take note of it until that day, my cousin’s wife reminded me that I’ll need to register early. Finally remembering it, I called Stemcord early the next morning but to ONLY receive a call from their consultant a day later. WHICH, by then, I already changed my mind to consider Cordlife because my cousin’s wife told me not to take up Stemcord as Cordlife is more established, and for another reason which she couldn’t remember (but apparently her friend had did some research on it). So with that in mind, here we are, at the Motherhood’s Fair at Expo, and listening to the consultant of Cordlife presenting the information to us. What can I say? She’s good, and definitely very friendly and helpful too. Furthermore, we get to receive the collection kit today, which means I don’t have to worry that it won’t be in time for my delivery!
So after listening to her presentation, we decided to go with it – 21 years plan. I definitely want to do as much for little milkie as possible, including anything on insurance.
What is cord blood banking? Hmm… I’m not an expert but to summarize it. Basically, they collect the stem cells from the umbilical cord and store it in some extremely low temperature environment. And these stem cells currently can be used to cure (if suitable) about 80 over diseases, mainly blood disorders. (Of course, that still depends on whether the doctor finds it suitable or not) It’s just some kind of “insurance” in the case if there’s some problems with the baby and then it’s available for usage instead of needing to wait (Note: it’s only enough for a one time usage only because there is only that much blood in the umbilical cord which is clean enough for this usage). And yes, you would pray that you won’t be able to use it. Again, as I mentioned, it’s just an insurance.
Then what’s with the 21 years plan. For Cordlife, the minimum number of years that you had to sign is 21 years. But of course, if you stop paying them, they’ll discard the stem cells after a year, so it’s more or less the same.
It cost about $6,000 to sign up for this, which can be deducted from the CDA account. So it means, you’ll probably just need to pay $3,000 for it. And signing it up at the Motherhood’s Fair will give you extra perks such as the Capital Mall voucher!
The fair is going to end tomorrow, so if you haven’t gone for it, better go there quick! At the Expo Hall 6B!