Spravato vs ketamine: which is right for you?
The practical differences between esketamine nasal spray and IV or IM ketamine: approval, coverage, cost, schedule, and evidence.
Reviewed by Covered Mind clinical editorial team · Sep 1, 2026
The short version
Spravato is FDA approved for depression and is covered by insurance. Generic ketamine is not approved for depression, is used off label, and is almost always cash pay. Both work through the same receptor and both produce a rapid response in a similar share of patients. See the coverage hub, the Spravato hub, and the coverage checker.
Side by side
| | Spravato | IV or IM ketamine | |---|---|---| | FDA approval for depression | Yes | No (off label) | | Insurance coverage | Most plans, with prior authorization | Rarely | | Typical patient cost | $10 to $250 per session insured | $350 to $850 per session cash | | Route | Nasal spray, self-administered | Infusion or injection by a clinician | | Monitoring | 2 hours, REMS certified clinic | 1 to 2 hours, clinic policy | | First-month schedule | 8 sessions | 6 sessions | | Oral antidepressant required | Usually, by insurers | No |
When Spravato makes more sense
You have insurance that covers it, you meet the criteria, and you want a treatment with a defined maintenance path that your plan will keep paying for.
When ketamine makes more sense
You do not meet Spravato's insurance criteria (for example, bipolar depression), your plan denies Spravato, you want the flexibility of dose adjustment, or a nearby ketamine clinic is far cheaper than your Spravato out-of-pocket cost.
Find clinics
Many clinics offer both. See Spravato centers by state and ketamine clinics by state, or use the coverage checker.
Related
Reviewed by Covered Mind clinical editorial team · Sep 1, 2026 · Editorial policy
Cite this
Covered Mind. "Spravato vs ketamine: which is right for you?" https://web-three-tan-98.vercel.app/compare/spravato-vs-ketamine. Reviewed Sep 1, 2026.
This site provides general information about insurance coverage and treatment options. It is not medical advice, not a guarantee of coverage, and not a substitute for talking with a clinician or your health plan.