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January 19, 2014

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United States - Pumps鈥 prices inflated

Penis pumps cost the US government’s Medicare program US$172 million between 2006 and 2011, about twice as much as the consumer would have paid at the retail level, according to a government watchdog’s report released on Monday.

The report by the inspector general for the Department of Health and Human Services said Medicare, the government health insurance system for seniors, paid nearly 474,000 claims for vacuum erection systems, or VES, totaling about US$172.4 million from 2006 to 2011. Yearly claims for the devices nearly doubled from US$20.6 million in 2006 to US$38.6 million in 2011.

Penis pumps are one of a few treatment options for erectile dysfunction.


 

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