Penis pumps cost the U.S. government’s Medicare program over $170 million in the years 2006 – 2011, about double the consumer would have paid retail, according to a government watchdog’s report released this week.
The inspector general for the Department of Health & Human Services report said Medicare, the government health insurance system for senior citizens, paid-out on about 474,000 claims for vacuum erection systems, or VES, amounting to $172.4 million during the years 2006 to 2011. During this period annual claims for the devices escalated from $20.6 million in 2006 to $38.6 million in 2011.
“Medicare payment amounts for VES remain grossly excessive compared with the amounts that non-Medicare payers pay,” said the report. “Medicare currently pays suppliers more than twice as much for VES as the Department of Veterans Affairs, or consumers over the Internet, pay for these types of devices.”
If Medicare had negotiated its payments to approximately the price non-Medicare users pay, the U.S. government would have saved an average of almost $15 million for each of the 6 years investigated, the report said.
So I guess sex doesn’t only pay, at some point it really begins to cost as well (& don’t even get me started about inflation)……