(GPO)
By World Israel News Staff
Israel ranks sixth in the world in health care efficiency, according to Bloomberg’s annual health care index published last month. It came in first in the Middle East.
The country only trails Hong Kong, Singapore, Spain, Italy, and South Korea. In the Middle East, only one other country made it into the top 10 – the United Arab Emirates.
Israel’s 2018 ranking (6th) is a one spot improvement from 2017.
The health-efficiency index used by Bloomberg for these rankings included only the 56 countries with average life spans of at least 70 years, a GDP per-capita exceeding $5,000, and a minimum population of 5 million.
There are three weighted components of the Bloomberg index: life expectancy (60%), national per capita health care spending as a proportion of GDP (30%), and per capita spending on health in dollars (10%). With a weighted rating of 67, Israel was once again recognized as one of the top countries in the world for healthcare efficiency.
According to Bloomberg, “Rankings can change substantially year-over-year because of such things as recession, currency fluctuations and volatile spending patterns relative to the slow pace of improvement in life expectancy.”
GPO contributed to this report.
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