A study by the University of Michigan and Harvard University found talk therapy and drugs taken for depression have about the same long-term cost effectiveness for treatment.
It is much quicker and cheaper to take an antidepressant pill every day than visit a therapist each week. However, a recent study found in the long-run prescription drugs and cognitive behavioral therapy hold the same value for people living with depression.
A team of researchers from the University of Michigan and Harvard University found the costs and benefits of the two approaches end up being equal after five years.
An estimated 17.3 million adults in America had at least one major depressive episode in 2017, according to the National Institute of Mental Health.
The cost-effectiveness analysis suggested people newly diagnosed with major depression should have more access to talk therapy.
The study was funded by the Department of Veterans Affairs and the National Institute of Mental Health.
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