According to the Medical Costs Finder website, patients in Australia with private health insurance who had their hip replacement performed in a private setting had an average out-of-pocket expense of $1,000.1 Specialist fees typically come in at $5,200, with $1,900 of this cost covered by Medicare and $1,800 paid by a private insurer. 1 This price covers specialist fees, assistant surgeon fees and anaesthetist fees.
Other hospital fees, including accommodation, theatre, and medical fees, typically come in at around $19,000.1 A private health fund will generally cover all or most of these costs. However, depending on your level of insurance, you may need to pay an excess and/or co-payment.
For a bilateral hip replacement, patients with private health insurance who had the procedure performed in a private hospital had an average out-of-pocket cost of $4,800, with specialist fees typically being $9,500.2 Medicare pays $3,100, and health insurance pays $2,200 on average. Hospital fees typically cost around $33,000.2 Private health insurance companies will likely pay most or all of the hospital fees, though you may have to pay an excess.