cord blood, yes or no

When i went for my first checkup at LWE, i saw brochure on cord blood bank & how cord blood could help in fighting off diseases like leukemia, bla bla bla. The price was not stated and i heard that even if the cord blood is stored once the child is delivered but the cord blood bank only stores the blood for a period of time. This means, it does expire. After reading in today's newspapers, it was estimated that the charges is RM2.5K-5K per registration with yearly subscription of RM125-250. Wow, that's so expensive. Anyway, we never though of storing our baby's cord blood. Way too expensive and we don’t really bother much about it.