At Sydney Institute for Obesity Surgery (SIOS), we pride ourselves on providing the best level of care from the surgery through to our comprehensive aftercare program.
Out of Pocket Costs*
Laparoscopic Sleeve Gastrectomy $6500
Laparoscopic bypass $7500
Conversion (revision) surgery $8500
*Standard out of pocket cost for our 12 month program for an individual with top level private health insurance. (Hospital accommodation/theatre fees, pathology, radiology, pharmacy, and external specialist fees may apply depending on your requirements and health insurance.)
What’s Included
Comprehensive, ongoing care is the cornerstone of long-term weight loss success. Our all-inclusive care pathway provides complete support from dedicated nursing, dietitian and medical staff available throughout your entire post-operative journey for guidance, regular progress checks, and reassurance.
The costs above include:
- Your Surgery including
- The Surgeon Dr Joel Budge
- The Assistant Surgeon and
- Anaesthetist
- 12 Month SIOS Comprehensive Aftercare Program
- Surgical Consultations
- Medical Consultations with Dr Rosemary Atkinson (bulk billed under Medicare)
- Five Dietitian Consultations with Caroline Shannon
Health Insurance & Medicare Item Codes
Weight loss surgery can be performed using Private Health Insurance to cover the costs of the hospital, as well as provide a subsidy for the costs of the practitioners. To verify your level of cover directly with your health fund, you can quote the common bariatric MBS item codes:
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31569: Gastric Banding
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31572: Roux-en-Y Gastric Bypass
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31575: Sleeve Gastrectomy (Gastric Sleeve)
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31581: Single Anastomosis / Mini Gastric Bypass
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31584: Revisional Bariatric Surgery
Health Fund Requirements
To have your health fund subsidise the cost of your hospital stay and theatre fees, you typically need to hold top-tier private health insurance (Gold level) for at least 12 months to clear waiting periods. You may also be required to pay an excess directly to the hospital upon admission depending on your policy terms.
Payment Options & Financial Support
1. Early Release of Superannuation
You may be eligible to apply for the early release of your Superannuation through the Australian Taxation Office (ATO) under compassionate grounds to cover surgical and medical expenses.
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Documentation Provided: SIOS will assist you by providing all necessary supporting documentation and medical reports required for a successful ATO application.
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Flexibility: You can access Super even if you hold private health insurance (to cover remaining out-of-pocket costs), or apply using a spouse or family member’s Super balance if needed.
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Application Process: Applications are submitted online via MyGov. Processing by the ATO generally takes around 14 days.
2. TLC (Total Lifestyle Credit) Medical Payment Plans
If you prefer to fund your treatment through a personal loan or do not wish to access Super, we partner with TLC Payment Solutions.
- Flexible medical finance options covering amounts from $2,001 up to $50,000.
- Structured weekly repayments to fit your personal budget.
- Quick approval processes so you can move forward with your health plan without delay.
