This article attempts to put into a risk-related perspective modern re
d blood cell (RBC) transfusion therapy. When making the decision to tr
ansfuse, RBCs or blood products, it is important to weigh the risks an
d benefits of the proposed therapy. It is equally important to evaluat
e the risk of not transfusing and the morbidity and mortality associat
ed with that decision. After nearly a century of use, RBC transfusions
continue to be associated with a variety of risks. Although the initi
al risks of mismatch and infectious disease transmission are ever decr
easing, new risk considerations, particularly immunosuppression, are b
eing uncovered. Because of the nearly universal worldwide fear of tran
sfusion-related transmission of infectious disease a more conservative
transfusion policy has generally taken hold. Transfusion avoidance ph
ilosophies and then increased use of autologous RBCs have become commo
nplace. This article puts a decision-oriented slant on the risk and be
nefit of transfusion therapy. The issues behind the inability to disce
rn a defined benefit as well as a commentary on the newly perceived ri
sks is provided. Overall, when increased oxygen delivery is required,
the addition of RBCs has an apparent survival benefit in some specific
patients. In these patients the risk of transfusion-related complicat
ion is minimized compared to the mortality outcome. For cancer and tra
uma patients, if transfusion is immunosuppressive and therefore detrim
ental, alternatives must be considered. The newest question is whether
the act of transfusion, independent of the form, allogeneic or autolo
gous, is of itself immunosuppressive.