I agree with the emotional pain thing, but I seriously don't see the insurance companies in the U.S. covering this procedure in the near future. It's like being bald, that's pretty traumatic too for many guys, but it's not going to be covered unless it has something to do with disease or illness. I think there's just too many guys with this affliction for the companies to start covering this.
I do however wish this procedure would have been covered by some of the employee benefits plan some companies have. By this I mean, some companies allow their employees to have pre tax deductions from their paycheck in order to fund certain operations.