Wondering about the cost & availability of prescription and over-the-counter medications in Panama?
We compiled a list of the 50 most prescribed medications in the United States and researched their price and availability in Panama. Subscribe below to get that list.
It’s important to mention that availability changes constantly. We’ve learned there are many reasons for this. Sometimes due to changes in what is allowed by the health department. Sometimes due to a lack of supply from the pharmaceutical companies.
In Panama, you don’t need a prescription for most medications and the prices are usually less than what you’d pay in the United States.
For example, Lisinopril (brand names Prinivil & Zestril), which is used in the treatment of high blood pressure is available over-the-counter and sells for $11.56 in Panama. The same dose and quantity in the United States costs approximately $15.40 to $17.36 – over 33% more.
Metformin (brand names Glucophage, Fortamet, Glumetza, Riomet), which is used for the treatment of diabetes, sells for $7.25 in Panama. It’s also available over-the-counter. The same dose and quantity in the United States typically costs 160% more – $19.20.
Not all drugs cost less in Panama – Venlafaxine (brand name Effexor), which is used to treat depression and anxiety, can cost 700% more in Panama.
Some good news: If you have a Panama pensionado residency visa or if you have any residency visa and are 55+ for women or 60+ for men, you will receive a 10% discount on medications in Panama. Some pharmacies offer a 20% discount on certain days of the week.
If you take prescription medications, it’s a good idea to research their cost & availability before you move to Panama.
To get our full report on medications in Panama, enter your email address in the box below. When you do, we’ll email you the report. You’ll also be subscribed to our email newsletter to get other tips about moving to Panama.