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Varicose Vein Treatment
You can get cover for varicose vein treatment with Medicare or a Silver Insurance Policy, provided the treatment is medically necessary. Compare the costs of both below.
To be eligible for a Medicare rebate, the varicose vein procedure needs to be medically necessary and not just cosmetic. You'll find hospital treatment for varicose veins under Medicare Benefits Schedule (MBS) item numbers including 32523, 32500, 32504 and 32507.
For treatment in a public hospital, you should have minimal to no out of pocket costs. In a private hospital, Medicare will cover between 75% and 85% of the MBS (Medicare Benefits Schedule) fee, then you and your health insurer will cover the rest. Here are the recommended MBS fees - note that most private hospitals will charge more than this.
32507: The recommended MBS fee is $550.30.
32523: The recommended MBS fee is $550.30.
32504: For multiple excision of tributaries, the MBS fee is $276.05.
32500: The recommended MBS fee is $113.20.
Private health insurance for varicose veins
Private surgery for varicose veins is generally covered under heart and vascular services on silver or gold policies. A silver policy generally costs around $20* a week and will usually cover surgery as well as laser and endovenous therapies.
Like Medicare, private surgery for varicose veins must be medically necessary to be covered by the majority of insurers. The removal of spider veins, for instance, usually isn't covered by insurance as it's often only done for cosmetic reasons.
Health insurance policies that cover varicose vein treatment
Here are some policies from Finder partners that will cover medically necessary treatment for varicose veins in a hospital. All prices are based on a single individual with less than $90,000 income and living in Sydney.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Compare prices from 30+ Aussie funds in under 30 seconds.
What causes varicose veins?
Varicose veins occur when valves in your veins are weakened or damaged. There are a number of reasons people develop varicose veins.
Age: Many people develop varicose veins with age, as the veins that regulate blood flow deteriorate. There's little you can do to prevent it.
Gender: Women are more likely to develop varicose veins, often during pregnancy or menopause. Hormone treatments like the pill may also contribute.
Genetics: It's possible varicose veins are hereditary, so you may have genes that increase your change of developing them.
Health: A poor diet, smoking and obesity can increase your risk or varicose veins. It's also important you don't sit and stand still for long periods of time.
Treatment options for varicose veins vary depending on severity but may include lifestyle changes, the use of compression stockings or a range of surgical treatments.
How much does varicose vein treatment cost?
The cost of varicose vein treatment - without health insurance or Medicare coverage - depends on your symptoms. Start by speaking to your GP, who should then refer you to a specialist. The specialist is best placed to outline your options. The table below lists come of the cost estimates for varicose vein treatments we've found online.
Treatment
Cost
Note
Consult and scan
Around $300
A small Medicare rebate may be available with a GP referral.
Sclerotherapy
From $500 - $1,200+ per treatment
Moderate to severe varicose veins often require multiple treatments.
Vein Glue
From $2,000 to $3,250+
Generally pain-free, and does not require compression stockings.
Laser treatments
From $3,400 to $10,500+
Several treatment types are available, and their costs will vary.
Compression stocks
Around $110 a pair
These are generally used after another treatment.
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Gary Ross Hunter is an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, news.com.au, The Telegraph, Explore Travel and Escape. Gary holds a Kaplan Tier 1 General Insurance (General Advice) certification and a Kaplan Tier 1 Generic Knowledge certification which meets the requirements of ASIC Regulatory Guide 146 (RG146).
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