The cost of health in Israel is one of the lowest

Health care in Israel costs less than in most of the Western world. The cost of health especially brain supplement genius x funciona in Israel is one of the lowest according to a given statistic unveiled yesterday by the Central Office of Estadisticas.

Public expenditure on health per capita in Israel in terms of parity of purchasing power parity (ppp) is just only $1.814 – 66% below the United States, 47% lower than in Switzerland, and 41% lower than Norway. The Jewish State also beats Japan, United Kingdom, New Zealand, Ireland, Italy, Finland and Austria.

United States, on the other hand, is in health care in what uses more resources: $5.267 per capita. Canada, which boasts a socialized system of health care such as Israel, has a ppp of $2.931.

According to a report in Globes, total expenditure on health in Israel amounted last year to 8.8 per cent of GDP, or 46 billion shekels. This calculation includes total spending on services by clinics, hospitals, private health; costs of medication, and the purchase of medical devices.

On the other hand, the figures include R & D (research and development), which Israel uses way more provided than any country in the world. According to the 2004 World Competitiveness Yearbook IMD, the ratio of Israel between the expenditure of R & D and its GDP is unmatched.

Some in the Government were impressed with the figures. The Minister of Salud Danny Naveh said that “each year pay more and receive less medical coverage” referring to “health basket” of goods and services covered by the socialized medical program in the nation.

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