A penile implant can be expensive and cost up to $20,000 out of pocket. The cost totals in several factors including the cost of the operation, the device, the location of the procedure and recovery time. Fortunately, most insurance plans, will cover a penile implant. Check your healthcare provider and ask if a penile implant is covered under your plan.
At first glance, the price seems high but consider the long cost of taking oral medication for erectile dysfunction, a penile implant is a considerably cheaper option and the one-time surgery will last for many years.