A hip implant assembly including a spherical shaped ball and an elongated stem. An annular defining rim separates the ball from the stem and abuts, in a maximum inserting condition, over an exterior reconditioned surface of the femur and upon inserting the stem within an interior passageway formed within the femur. A cup shaped support seats the ball in a universally articulating permitting fashion via a flexible and resilient ligament which extends from the ball and is received within a recess passageway of the cup. The cup also includes a mounting surface with a central projecting portion which is in turn resistively fitted within an undercut defined recess formed in the ilium bone in communication with a base surface of the reconditioned acetabulum socket. A corresponding installation kit assists the preparation of the femur and ilium bones defining the hip joint, as well as the installation of the implant body into the upper conditioned femur end and the cup shaped and outer socket support to a reconditioned acetabulum defined in the ilium bone.