Makes sense to store cord blood. The two private companies now
offer very competitive pricing. When you factor in the total cost
of having a baby, it isn't much. The initial fee is about 1K these
days, and the yearly fee for storage is $250. Public bank yah, but
it's on a first come first use basis.
Last year ST carried the news that this kid with leukemia had like
zero chance of survival. Then they used his sister's cord blood to
save him. He's now in kindergarten or something. The banking
company mentioned in the articles is CordLife.