Health Insurance in Panama: Options and Coverage for Expats

Healthcare System in Panama

Panama has a modern healthcare system with both public and private options. Healthcare costs are significantly lower than North America (40-50% less), making it attractive for expats.

Health Insurance Options

CAJA - Social Security

Cost: $50-$100 monthly (mandatory for employees)

Panama's social security system provides basic healthcare. Available to residents. Requires registration and contributions.

Private Health Insurance

Cost: $100-$300+ monthly

Comprehensive coverage with choice of doctors and hospitals. Companies include MAPFRE, Seguros La Panamena, Seguros Alianza.

International Travel Insurance

Cost: $50-$200 monthly

For short-term visitors. Covers emergency medical care. Policies from companies like IMG, World Nomads.

Direct Payment to Providers

Many expats pay out-of-pocket to private clinics (much cheaper than home country).

Quality of Healthcare

Private Hospitals

Modern facilities in Panama City rival developed-country standards. Hospitals like CIMA and Punta Pacifica are excellent.

Doctors

Many doctors trained internationally. English speakers available in Panama City.

Medications

Medications affordable and widely available. Pharmacy staff can recommend treatments.

Choosing Insurance

For residents: CAJA + private supplement recommended

For short-term visitors: International travel insurance

For budget-conscious: Direct payment possible for many procedures

Medical Tourism

Panama attracts medical tourists for procedures costing 50-70% less than USA/Canada while maintaining excellent quality.

Tips for Expats

• Compare insurance quotes from multiple providers
• Verify coverage for pre-existing conditions
• Keep receipts and documentation for potential home country tax deductions
• Register with a local doctor upon arrival
• Understand your policy before emergencies occur

Conclusion

Panama offers affordable, quality healthcare with multiple insurance options. Whether using CAJA, private insurance, or direct payment, healthcare costs remain significantly lower than North America while maintaining excellent standards.