Cord blood banking as an employment benefit?
The company offered to pick up the tab, a one-time payment of Rs 59,000 for 21 years, if the father-to-be opted for cord-blood banking.
Cord-blood banking involves harvesting stem cells from the placenta and umbilical cord, normally discarded after the baby is born. The naïve baby cells from the umbilical cord are stored to be used at a later date to treat illnesses, including cancer, anaemia and so on."
That happened in India, according to The Hindu Business Line. It goes to show you how seriously the matter is taken in India and also hints toward possible similar efforts in the U.S. You can read the full article here. It's recommended.
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