Last updated: March 2026

How Much Does Ketamine Therapy Cost?

Without Insurance
$400 – $2,000
Average: $1,200
With Insurance
$200 – $1,000
Average: $600
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Cost Breakdown by Type

Type / Procedure Without Insurance With Insurance
IV Ketamine Infusion (single session) $400 – $800 $400 – $800
IV Ketamine Series (6 sessions) $2,400 – $4,800 $2,400 – $4,800
Spravato (esketamine) Session $600 – $2,000 $200 – $500
At-Home Ketamine Lozenges (monthly) $200 – $500 $200 – $500

CPT/ADA Code: 96365, S0012

What Affects the Cost

  • Provider credentials and experience
  • In-person vs. telehealth sessions
  • Session length (30, 45, or 60 minutes)
  • In-network vs. out-of-network
  • Geographic location (major cities cost more)
  • Type of therapy or treatment approach

Insurance Coverage

Typical coverage: IV ketamine infusions are rarely covered by insurance. Spravato (esketamine nasal spray) is FDA-approved and covered by many plans for treatment-resistant depression.

Under the ACA and Mental Health Parity Act, insurance must cover mental health treatment at the same level as physical health. In-network copays are $20-$75 per session. Out-of-network providers may be reimbursed at 50-70%. Many plans now cover telehealth therapy at $0 copay.

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How to Save Money

  • Online therapy platforms (BetterHelp, Talkspace) cost $60-$100/session
  • Open Path Collective: $30-$80/session ($65 lifetime membership)
  • Sliding-scale therapists adjust fees based on income
  • University training clinics offer $10-$30/session
  • Community mental health centers provide low-cost services
  • Ask about out-of-network reimbursement from your insurance

Related Procedures & Costs

Frequently Asked Questions

IV ketamine infusions are generally not covered by insurance. Spravato (esketamine nasal spray) is FDA-approved and covered by many plans for treatment-resistant depression with prior authorization.

Many patients experience significant improvement within hours to days, compared to weeks for traditional antidepressants. Effects of a single infusion last 1 to 3 weeks.

A typical initial series is 6 IV infusions over 2 to 3 weeks. Maintenance infusions every 2 to 6 weeks may be needed to sustain benefits.

Disclaimer: Costs shown are estimates based on national averages and may vary by location, provider, and insurance plan. This information is for educational purposes only and is not medical advice. Consult your healthcare provider and insurance company for exact costs. Read full disclaimer.
Sources: FAIR Health Consumer, Healthcare Bluebook, CMS Medicare Fee Schedules, GoodRx, and published clinical pricing data. Last updated: 2026-03-15.