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DrugPrice

Drug Cost Calculator

Estimate your annual prescription costs using Medicare Part D spending data.

Frequently Asked Questions

How accurate is this drug cost calculator?
Costs shown are averages from Medicare Part D spending data. Your actual cost depends on your insurance plan, pharmacy, and whether you use manufacturer coupons or patient assistance programs.
What does "cost per claim" mean?
A claim typically represents a 30-day supply of the medication. The average cost per claim includes what Medicare and the patient paid combined.
How much can I save with a generic drug?
Generic drugs typically cost 30-80% less than their brand-name equivalents. The FDA requires generics to have the same active ingredient, strength, and dosage form as the brand-name drug.
Why are some drugs so expensive?
Drug prices are influenced by patent protection, manufacturing complexity, market exclusivity, research and development costs, and negotiating power of pharmacy benefit managers.

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