Ketamine (racemic ketamine) is an established medical anesthetic and analgesic in Panama’s health system; it appears on public procurement records and is discussed in Ministry of Health safety reviews, indicating routine legitimate clinical use (hospital anesthetic, emergency, and procedural settings). Panama’s public procurement portal includes tenders and purchase records for ketamine for public hospitals, demonstrating government purchasing for medical use. Public insurance coverage in Panama (through the social security/integrated public system) will cover medical care delivered in the public hospitals where ketamine is used for approved indications (anesthesia, analgesia), but there is no evidence public insurance reimburses private, off‑label ketamine‑based psychiatric treatment clinics as a standard covered benefit. Clinical use for psychiatric indications (e.g., IV ketamine for depression) would generally be considered off‑label and billed through the delivering institution or as private‑pay, and coverage decisions would vary by insurer and clinical setting. [1]PanamaCompra tender listing – ketamine [2]Ministerio de Salud (Panama) – ketamine safety review