Tuesday, March 22, 2011

What can you do with a Master's in psychology


What can you do with a Master's in psychology?
Okay so I'm only a sophomore in undergrad, but I'm considering going into psychology. I really don't want to get a phD in it, but I would be open to getting a Master's in it, since i know theres very little you can do in psychology with only a bachelor's. However, what are my options for jobs (and salaries..) with only a Masters?
Psychology - 1 Answers

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In the health care market of the near future (i.e., when you would be practicing), a master's degree will likely be both more versatile and more readily reimbursable than a doctoral degree. Obama is planning to socialize medicine in the USA. Socialized medicine, of course, necessitates rationing of health care services. In other countries, this has historically meant that services end up being provided by practitioners who can independently provide the treatment for the lowest price. For psychotherapy in the USA, that will fall to the master's level practitioner. This will be true, however, only if Obama's plan actually covers psychotherapy as we practice it today. There is ample evidence to suggest that Obama's plan will provide coverage only for "serious mental illness" (i.e., SMI). SMI generally includes disorders in the psychotic spectrum (e.g., schizophrenia) and/or those treated largely (or solely) with medications. If it does come to pass that Obama's plan covers only SMI, then that is a game changer. That means that the field will revert back to its initial days, when psychiatrists (i.e., M.D.s) ruled the roost, and only the very, very wealthy could afford psychotherapy. Psychotherapy as we know it today, will be on a self-pay basis. The potential upside to this scenario for psychologists, is that there is a movement underway to secure prescription privileges for psychologists. Legislation has already passed in two states (i.e., LA and NM), and is pending in several others. In this scenario, psychologists who have the prerequisite training to provide prescriptions will become the most sought after practitioners, because they can be paid at a lower rate to provide services identical to those of psychiatrists Ii.e., writing scripts for anti-psychotics covered under Obama's plan). Even prior to the implementation of socialized medicine (which would spell disaster for the field, by the way), however, you would be able to practice independently in every state at the master's level. Rates of reimbursement vary considerably, and depend on whether or not (and with whom) you are contracted by behavioral health managed care organizations. Best of luck to you in your future educational and vocational endeavors, ~Dr. B.~

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