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SingleCare CEO talks Rx prices with MarketWatch

SingleCare CEO Rick Bates headshot

Key takeaways

  • The average American spends $1,200 per year on prescription medication, highlighting the high cost of drugs in the U.S.

  • Millions of people may face even higher medication costs due to loss of insurance coverage following the COVID-19 pandemic.

  • SingleCare offers a savings card that can help consumers save money on medications, even if they are under- or un-insured.

  • The SingleCare savings card is free and easy to use, accessible through their website or by downloading the app from the App Store or Google Play.

It’s no secret that drug prices in the U.S. are high: The average American spends $1,200 per year on prescription medication. And considering millions of people have lost insurance coverage since the COVID-19 pandemic started, that number might be much higher for those who are under- or un-insured. The good news is there are ways to save on medication, including the SingleCare savings card.

Here, SingleCare CEO Rick Bates discusses the high prices of drugs and how consumers can save—even without insurance.

To start seeing how you can save with SingleCare, search for your medications on our website or download our app from the App Store or Google Play. Best of all, it’s free and easy to use!