Free calculator
Prescription Drug Cost Estimator
Drug costs depend on the plan formulary tier of each medication. This tool gives a rough annual estimate by tier. Your actual cost depends on your specific plan and pharmacy.
Your estimate
$24
Estimated monthly total
Your estimated prescription cost is about $24/mo ($288/yr) at typical copay levels.
- Generic (Tier 1)
- $24/mo
- Preferred brand (Tier 2)
- $0/mo
- Specialty (Tier 4/5)
- $0/mo
- Estimated monthly total
- $24
- Estimated annual total
- $288
An estimate, not a quote. A licensed advisor can price real plans for your household.
Get matchedThis is an educational estimate, not a quote or medical or financial advice. Actual costs depend on your specific plan, state, age, and health. Figures use published federal tables and typical market ranges as of 2026-01-15.
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Questions
Frequently asked questions
How can I lower prescription costs?
Ask about generics, compare pharmacy prices, check manufacturer or discount programs, and confirm each drug’s formulary tier before choosing a plan.
Why are specialty drugs so expensive?
Specialty medications sit on the highest formulary tiers, often with coinsurance rather than a flat copay, which is why they can cost hundreds per fill.
Sources
- Medicare.gov — the official U.S. government Medicare site · reviewed 2026-01-15
- KFF (Kaiser Family Foundation) — health policy research · reviewed 2026-01-15
- OLYRON HealthMatch editorial methodology — how we source and rate options · reviewed 2026-01-15