Whenever a person suffers from intolerable pain caused by a damaged hip, total hip replacement is done . Replacement of an entire hip joint with artificial parts helps the affected to soon return to his or her daily activities. Those who have insurance cover typically pay out-of-pocket expenses up to several thousand dollars or that which works out to their out-of-pocket maximum. Hip replacement surgery or arthroplasty enjoys a success rate of over 90 percent, thus assuring the foolproof safety procedures involved in it. The average cost of hip replacement surgery is $40,000.