Ketamine infusions are progressively becoming a go-to treatment for many suffering from treatment-resistant mental health issues. After selecting a treatment, the next obvious thought is financing.
Healthcare is quite costly, and mental health care is no exception. If you’re considering ketamine therapy, you may be wondering how much it costs and whether your insurance will cover it.
The short answer is that most insurance companies do not cover ketamine infusions. Some may cover aspects of the treatment, but not entirely.
Ketamine Infusions And Depression
Ketamine is a drug that first became popular in the 1960s. It is now common to use as an anesthetic by doctors and veterinarians.
A 2012 study confirms the ketamine effects as an antidepressant via ketamine infusions.
Ketamine Therapy Is Still Experimental
The idea of using ketamine to treat mental illness is still relatively new.
Nearly all of these studies encourage further investigation, which could be why insurance companies will not fund treatment.
When a drug is FDA-approved, it means the Center for Drug Evaluation and Research (CDER) has declared it safe to use for consumers.
So, when physicians prescribe or administer a drug for a condition that is not FDA-approved, it is described as off-label use.