Sample Essay on:
Cost-Benefit Analysis of Psychological Therapy

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Essay / Research Paper Abstract

A 4 page consideration of the costs verses the benefits of psychological therapy. This paper contends that the societal rewards far exceed the societal costs. Bibliography lists 2 sources.

Page Count:

4 pages (~225 words per page)

File: AM2_PPpsyTherCostBen.rtf

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Unformatted sample text from the term paper:

some six million victims (Layard, Clark, Knapp and Mayraz, 2007). An estimated sixteen percent of all adults, in fact, suffer from clinical depression and anxiety disorders (Layard, Clark, Knapp and Mayraz, 2007). Although these problems occur at a diagnosable level, many cases remain undiagnosed and thus untreated. Many cases even when diagnosed do not receive adequate intervention because of a variety of reasons that will be discussed more thoroughly below. This is problematic because those affected by various mental instabilities simply do not function at the same level that they could if those instabilities were effectively addressed by psychotherapeutic intervention. Many can not work or, in the case of adolescents, succeed in school so that they can find productive work as adults. Some turn to societally damaging activities like alcohol and substance abuse. In many cases individuals suffering from mental instabilities become a societal drain rather than positive contributors. The cost-benefits of providing psychological therapy are then more than apparent just on an intuitive level. Even careful economic analysis, in fact, proves the economic benefits of providing needed treatment. One of the major problems confronting the psychologically needy is that procuring treatment is complicated by a variety of problems. Many, for example, do not have insurance that pays for such treatment. Even when proper medical treatment is pursued the typical recourse is the administration of pharmacological treatments rather than psychotherapy. This is true despite the fact that the majority of patients actually prefer psychological therapy over medication and despite the fact that "modern evidence-based treatments, especially cognitive behavioral therapy (CBT), are as effective as drugs in the short run, and more effective at preventing relaps" (Layard, Clark, Knapp and ...

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