Choosing the Ideal Cord Blood Banking Service
This article compares private cord blood banking options, focusing on Americord and ViaCord. It highlights their pricing, reputation, and services to assist parents in making informed decisions. Americord stands out for transparency, affordability, and customer satisfaction, while ViaCord's higher marketing costs and legal issues influence its market reputation. Choose wisely based on your family's needs and budget for safe, reliable cord blood storage.
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Selecting the right private cord blood bank is crucial for new parents. Leading companies like ViaCord and Americord dominate the industry, each with distinct approaches. ViaCord employs a larger sales team, which can increase costs for families, while Americord emphasizes quality and customer trust by limiting marketing expenses and focusing on scientific advancements in treating genetic conditions. Americord's BBB accreditation and transparent fee structure highlight their commitment to quality. Although ViaCord offers lower initial prices, long-term costs can be higher due to additional fees. Americord promotes affordability through no pre-pay or annual storage fees, relying on word-of-mouth recommendations, unlike ViaCord's significant marketing investments. Legal issues faced by ViaCord, such as false advertising lawsuits, further impact their reputation. Both options offer benefits, including discounts for multiple births and insurance coverage options.
Americord stands out with BBB accreditation since 2013 and a solid A rating. Their transparent pricing includes no cancellation fees and courier costs, with clients billed only if the collection meets industry standards. Even though ViaCord may appear cheaper upfront, their total costs over 20 years can reach around $3,000 due to additional storage fees. Americord’s model offers savings of up to 36% by avoiding pre-pay and annual fees. Relying on positive word-of-mouth, Americord attracts families through satisfied clients and referrals, whereas ViaCord invests heavily in marketing, which can drive up costs and impact reputation due to legal challenges related to false advertising.