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By Sandy Plone, Ph.D.
PSYCHOTHERAPY CAN BOOST HAPPINESS MORE THAN MONEY
Study Published Online November 18, 2009
Author Chris Boyce, University of Warwick
Health Economics, Policy and Law Journal
For well-being, researchers contend that a $1300 round
of psychological treatment equals a $441,000 pay raise, suggesting
that psychotherapy may be much more effective at helping people to
be happy than getting a raise in salary or even winning a lottery
Researchers analyzed data on thousands of people who provided information
about their mental well being and found that the increase in happiness
from psychotherapy could be as much as 32 times more cost-effective
at improving well being than simply getting more money.
The author states that the findings “are important in courts
of law, where huge financial rewards are the default way in which
pain and suffering are compensated, but that this has even wider implications
for public health and well being”.
The benefits of mental health, Mr. Boyce states, are often not fully
appreciated and people do not realize the powerful effect that psychological
therapy can have on improving one’s well being, as opposed to
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