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Medicare Has Spent a Quarter-Billion Taxpayer Dollars on Penis Pumps

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech discuss Medicare’s quarter-billion dollars spent on penis pumps for elderly men, how this is indicative of larger Medicare fraud and how lobbyists perpetuate the system.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

Quarter-Billion Taxpayer Dollars Spent on Penis Pumps
Erectile Pump Scam? Gary Winner Sent Penis Enlargers To Diabetes Patients, Prosecutors Say
2011 Original Medicare Improper Payment Error Rate
swedish made penis enlarger (austin powers)

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COMMENTS

  • lizzie

    well…I wonder how much this program is costing for the STDs that follow :)

    In 2011, Medicare changed the frequency of Lipid blood panel which screens cholesterol to ONCE EVERY FIVE YEARS, unless your doctor can justify once per year.
    I note here that Medicare in 2010 reimbursed Quest Diagnostics FIVE DOLLARS for the Lipid blood panel.

    Clever way to avoid paying for Big Pharma cholesterol meds, but not so clever when all the heart attacks show up in 2016…

    Sorry, am still distracted by Congress destroying the United States Postal Service.

  • http://online.logcabin.org/about/ suzieQ

    Medicare is unconstitutional. The US government cannot, should not require its citizens to buy a universal health insurance policy, which is what Medicare is. It should be removed.

    • reaganbuckley

      However, unless a senior is incredibly wealthy, it’s a heck of a deal. People pay far less into medicare then they get out of it. And that is becoming a big problem!

      • JSobieski

        Nobody is forced to receive SS benefits either.

    • JSobieski

      One it became constititutional to tax income, the government was provided access to a source of money sufficiently large to do a lot of things.

      It is a long standing Constitutional axiom that the spending power of the government exceeds the regulatory power of government.

      Thus, there are lots of things the federal government can’t per se regulate but where they can use money to buy what they want.

      Obamacare is bad policy and it is unconstitutional. However, it would be easy to devise an even worse version of Obamacare that would be Constitutional—Medicare for all.

      Medicare is not unconstitutional. It is a program supported by a super-majority of Americans over an extended period of time. THe Constitution has been de-facto amended to endorse SS and Medicare.

      Ultimately, we are nation of self-governed people. The Constitution provides that a super-majority must be extended over a period of time in order to violate the previous version of the Constitution.

      Do you think a Constitutional Amendment saving Medicare or SS wouldn’t pass?

  • http://insureblog.blogspot.com/ hgstern

    “An Illinois man accused of shipping unwanted “penis enlargers” to diabetes patients as part of a Medicare fraud scheme has pleaded not guilty”

    http://insureblog.blogspot.com/2011/11/stretching-your-medicare-dollars.html

  • Jeff Cooper

    I will trade penis pump dollars for vaginal staples any day of the week if it means we can prevent this circus from ever happening again. http://www.youtube.com/watch?v=gVgYJ_8MZKs