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Dr. Alex Belser | Why Psychedelic Therapy Costs $5,000 Per Session

A Yale researcher reveals the reason the vast majority of psychedelic healing remains in the shadows.

Dear friends,

In my five decades of advocating for psychedelic medicine, I’ve witnessed many obstacles to progress. But nothing quite prepared me for the conversation I had with Dr. Alex Belser, whose revelations about both the economics and ethics of our field left me troubled—yet hopeful.

When a single psychedelic therapy session costs $5,000, we’ve created a system that serves only the wealthy while forcing 98% of seekers underground. As Alex pointed out in our discussion, the arithmetic doesn’t add up: 23 hours of professional time at market rates puts healing out of reach for the very people who need it most—the 72% of Americans living paycheck to paycheck, many suffering from anxiety and depression.

Alex’s research into the hidden history of psychedelics also reveals our field’s complicity in conversion therapy, including the torture of LGBTQ teenagers with massive doses of LSD.

Yet Alex offers more than critique. His vision of community-based healing circles and harm reduction approaches points toward a more accessible, ethical future. One where we acknowledge hard truths while building better systems.

Golden light,

Dr. Richard Louis Miller


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Dr. Richard Miller's Mind Body Health & Politics podcast features weekly conversations with researchers, authors, and pioneers working at the frontiers of human consciousness and healing. All episodes from the past 20 years are available free in the archives.


Now Available: Psychedelic Medicine at the End of Life

You can now order my latest book, Psychedelic Medicine at the End of Life: Dying Without Fear. This work represents a culmination of my decades-long journey as a clinical psychologist, exploring how psychedelics can transform our approach to death and dying.

The book examines how substances like LSD, MDMA, and psilocybin can be powerful tools in confronting our fears of mortality, ultimately leading to richer, more fulfilling lives. I'm honored to include insights from renowned experts in the field, as well as my own experiences.

Order now

Here's what some esteemed colleagues are saying:

James Fadiman, Ph.D., calls it "a deeply uplifting, clear, and compassionate guide to dying and how psychedelics, used correctly, diminish our fears about approaching the door that opens at the end of our life."

Charles S. Grob, M.D., describes it as "a masterful overview of an area of vital importance to our modern world... a valuable resource and contribution to the growing field of psychedelic medicine."

Julie Holland, M.D., notes that "Psychedelics may offer a mini-death rehearsal, offering a glimpse of spiritual oneness, enabling us to be less afraid at the end of our lives."

I hope this book will inspire meaningful conversations and new perspectives on how we approach the end of life.


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