There is a place for medication and it can be helpful to some people. Context matters. They are most helpful in conjunction with therapy - medication can only treat symptoms ; they do not get at the root cause of what might be going on for a person to be feeling say anxious or depressed. If your therapist is just 'tracking how bad you're doing', then you probably don't have a good therapist or their orientation is not one that's going to help move you in the direction you want. It is also important to be an agent of change in your own life. One danger I see with meds is when people passively take them, don't engage in their treatment, suffer the side effects, and hope that everything will get better without doing anything else to effect their circumstances besides taking a medication their doctor suggested. I'm not saying that's what you're doing, just talking off the top of my head.

I think there are so many things that influence how we are doing, like support system, family, close relationships, therapy, good sleep, mindfulness, stress management, relaxation, leisure and fun, feeling appreciated at work, having stability (financial, employment etc.), feeling hope, having a sense of direction or purpose, being physically healthy, taking a look at your diet and what foods might be causing inflammation in the body and brain, movement and so on. Taking a look at whether or not the life you're living is the life you thought you'd have at this point and if it isn't, what values are missing? For example, if I value friendship and it's very important to me, but I haven't made an effort to see my friends in 2 months and am isolating myself...that could be a factor influencing my depression big time.