Israel ranks fourth in world in health care efficiency

by | Aug 30, 2013 | Other News

An article in The Times of Israel recently reported that Israel is fourth in a ranking of countries with the most efficient health care. Hong Kong, Singapore and Japan were in the top three slots. The U.S. ranked even behind Iran, in 46th position.

Compiled by Bloomberg, the countries were ranked on three criteria: life expectancy; relative per capita cost of health care (percentage of GDP per capita); and the absolute per capita cost of health care.

Israel’s life expectancy is 81.8 years, and health care costs per capita were calculated at $2,426. With the longest life span in the Middle East and Africa, Israelis have the 12th longest retirement in the world (lasting 17.81 years), according to the article.

Americans, on the other hand, have a life expectancy of 78.6 years and spend $8,608 in health care costs per capita.