Banking Umbilical Cord Blood
The latest in high-end purchases for new parents: paying a company to save and store your newborn's umbilical cord blood. The blood could save the child's life in the event of some kinds of cancer and other illnesses. Some companies charge up to $2,000 plus annual maintenance fees for this service.
Scott Simon talks to Dr. Joanne Kurtzberg of the Duke University Medical Center's Pediatric Blood and Marrow Transplantation Program about this trend.
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