Cost May Be One Reason to Look for A Knee Replacement Alternative
How much does a knee replacement cost? I don’t usually quote financial sites on this blog, but one just did such a great job of putting the outrageous costs of knee or hip replacement in perspective, I couldn’t resist. At more than 50K, cost many be one reason to look for a knee replacement alternative.
The writer looked at the average cost of a knee or hip replacement and compared that whopper $50,105 cost to the average income in all 50 states. She also adjusted that mean cost of the surgery by state. 18 US states had knee or hip replacement costs that exceeded their average annual income. Perhaps more disturbing is that 7 in 10 Americans don’t have enough saved to cover the cost in retirement. Even if the surgery is covered by a solvent Medicare program, the 20% out of pocket costs would completely or substantially drain the life savings of 60% of Americans. Is it time for less a invasive knee replacement alternative?
In which states does the cost of the procedure exceed income? Is yours on the list?
1. Alabama
2. Arizona
3. California
4. Colorado-This is us! Yikes!
5. Florida
6. Georgia
7. Indiana
8. Louisiana
9. Mississippi
10. Missouri
11. Nevada
12. New Jersey
13. New Mexico
14. Oklahoma
15. Pennsylvania
16. South Carolina
17. Tennessee
18. Texas
The upshot? Hip replacement and knee replacement cost is a whole lot more than a hip and knee replacement alternative like platelet and stem cell injections!
If you have questions or comments about this blog post, please email us at [email protected]
NOTE: This blog post provides general information to help the reader better understand regenerative medicine, musculoskeletal health, and related subjects. All content provided in this blog, website, or any linked materials, including text, graphics, images, patient profiles, outcomes, and information, are not intended and should not be considered or used as a substitute for medical advice, diagnosis, or treatment. Please always consult with a professional and certified healthcare provider to discuss if a treatment is right for you.