HARTFORD, Conn. — Aetna U.S. Healthcare will not pay for the impotency drug Viagra unless employers buy special coverage, because company managers don't consider having sex medically necessary, the company told New York regulators.
In a 14-page letter sent Monday to the New York Department of Insurance, Aetna said Viagra could cost it more than $50 million a year and cited "the primarily recreational/lifestyle use and abuse of this drug."
"Simply put, having sexual relations is not a medical necessity," the letter said.
Aetna, like other insurers, has not been covering Viagra while it decides how to handle the wildly popular and pricey drug. Viagra, made by New York-based Pfizer Inc., costs $10 a pill.
Aetna spokeswoman Jill Griffiths said the policy will apply in New York and that she did not know whether it will apply nationwide.