Medibank has teamed up with the Royal Australasian College of Surgeons (RACS) to release the latest data on variations in cost, out-of-pockets and rates of hospital readmission for common orthopaedic procedures.
How much does a hip replacement cost?
The Surgical Variance Report – Orthopaedic revealed that in 2014-15 and 2015-16:
- The average separation cost (the total cost of the surgery and hospital stay) varied between $19,439 and $42,007 depending on the surgeon.
- 9,947 hip replacements were funded by Medibank in private hospitals.
- The average out-of-pocket charged by a surgeon varied between $0 and $5,567, with the average out-of-pocket charged by a surgeon in NSW at $2,673 and the average out-of-pocket charged by a surgeon in Victoria at $1,997. The lowest average out-of-pocket charge from a surgeon by state is in South Australia ($556).