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Knee replacement surgery can be very expensive and reports of the total cost of this procedure vary with the hospital, physician and demographic region of the country. Most major insurance companies including Medicare cover knee replacements. According to the federal agency for healthcare  the average cost in 2008 was $45,783.

Now the average cost of knee replacement surgery is well over $50,000 per knee.

These charges include:

  1. the hospital stay
  2. implant, physician, surgical fees
  3. inpatient physical therapy

Added costs would include medications, out patient physical therapy, visiting nurses and doctors office fees. Depending on the patient, a rehab facility may be needed before a discharge to home care. Physical therapy post operatively usually last about two months.

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