It is indeed a great country which concerns itself with its citizen's well being to this extent. It is one of the qualities of Israel I admire the most.
Unless societies put a price on the lives of their people, the world will be a sad place to live in. The states, ideologies and communities which do not value the life of its people above other things, they are the ones which will cause a long term danger to the stability of the world.
That kind of mentality has to be wiped out, and Israel is setting a fine example.