Israel has the lowest per capita health care expenditures in the OECD, a study released on Tuesday shows.
While the US has the second highest per capita expenditure, Israel ranks third in the field, according to a new report released by the World Health Organization.
“The report shows that Israel’s healthcare system is among the least developed in the world,” the Israeli Health Ministry said in a statement.
The OECD report comes as Israel continues its push to reduce the cost of its healthcare system, which currently stands at about 50 percent of the average American household’s income.
The report found that health spending for Israelis stands at $3,719 per capita, compared to $6,824 for Americans.
The ministry said that the average Israeli has more than $20,000 in savings per year, and that they are not burdened by chronic illnesses.
The Israeli health system is in a better position than most countries to provide care for the population than the US, the report said.
The health system was also the most efficient, the ministry said.
According to the OECD report, Israel has among the highest per-capita use of public health services, with about one-third of all health care services being provided by the public health system.
Israel has also among the lowest proportion of doctors per capita in the Organisation for Economic Co-operation and Development, at 0.9 percent, compared with OECD average of 5.3 percent.
The country also has among its lowest per-person expenditure on medical services at 0,846 per capita.
Israel’s healthcare costs have risen over the past decade, partly due to an increase in chronic conditions.
According for the World Economic Forum, the Israeli health care cost is higher than that of many European countries, but less than the average for OECD countries.