I'm looking into cord blood banking and was wondering if anyone else is or if they have with previous children they've had.
Is it a good health insurance investment, or more of a rich parents' safety net?
Some statistics for where I'm looking into it suggest that there is a 1 in 200 chance stem cells may be required to assist a person. When you break down that figure, that's actually not that high.
Then there is cost (naturally). It's going to be around NZD $2900 for the initial kit and first year storage. After that it's NZD $215 a year - no guarantee the company doesn't go bust in the meantime.
I'm looking at the pros and cons and trying to get a feel for whether it's a good thing or if money is better spent elsewhere. Your thoughts?