Medical Credentialing Question: Does further education guarantee a higher salary?
Question: I have an LPC/LMHC/LICSW. Will getting a Ph.D increase my reimbursement rates from insurance companies?
Answer: Sometimes. To be reimbursed at a higher level, most insurance companies require that you not only have a Ph.D, but a Ph.D-level license (that is, be a licensed psychologist). However, we have found that you can be credentialed with at least a few companies who will reimburse you at a higher rate with the license you already hold.