Here are four takeaways:
- Women consistently spend 30% more out of pocket on prescriptions than men, totaling $8.5 billion more in 2024 alone. The disparity is driven by higher healthcare utilization, chronic condition management and the costs of female-specific treatments, according to the healthcare technology company’s report.
- Women ages 18-44 experienced the steepest price gap, spending up to 64% more than men on prescriptions.
- Women spent 113% more on depression medications and 103% more on anxiety treatments than men.
- Conditions such as endometriosis, menopause and postpartum depression added a significant financial burden. Women also disproportionately pay for birth control and fertility treatments.