VBC is a healthcare approach that focuses on delivering cost-effective, high-quality, and efficient medical services. It supports better utilisation of healthcare resources to improve patient outcomes.
What is Value Based Healthcare (VBC)?
Benefits of VBC
Partnering with Singapore General Hospital (SGH) to improve quality of care for you
Making Quality Healthcare more Accessible and Affordable
AIA Singapore aims to proactively support your healthcare journey. We are delighted to partner SGH and embark on the VBC journey which shares the same objectives as us - to make quality healthcare more accessible and affordable for Singaporeans and to help them live healthier, longer, better lives.
SGH started their VBC journey in 2020 with the aim to optimise clinical outcomes and costs. The programme has since expanded to more than 40 conditions (including common procedures such as total knee replacement and gall bladder removal).
Improving Outcomes that Matter to Patients
The programme has led to improved patient outcomes such as shorter time to recovery and mobility after surgery, and reduction in re-admission and complication rates. An example of SGH's VBC programme is the Enhanced Recovery After Surgery (ERAS) programme. Under the ERAS programme, about a quarter of the total knee replacement cases are done in a day surgery setting. This means that patients can return home on the day of surgery to recuperate at home. As part of the programme, home nurses or therapists visit patients at home to help them recover well in the comfort of their homes.
The VBC programme is tailored to meet patient's needs. Clinicians will assess, on a case-by-case basis, if patients are clinically eligible for a day surgery procedure or if an admission is needed. Various factors are considered to ensure that the care plan for each patient is personalised and designed in the patient's best interest (i.e., to achieve the best possible outcomes), which is what a VBC programme aims to achieve.
Other Healthcare services
SGH is an independent third-party company. AIA shall not be responsible or liable in any way for any act, omission, advice or information that is given, or statements made by SGH or other persons (including healthcare providers) arising from or in connection with the provision of the medical services, products, any other value-added services provided by SGH or any marketing activities conducted by SGH.
Collection and Use of Personal Data: Any and all personal data provided to us will be used to ascertain your eligibility to access the services and other information herein. The collection, use, disclosure, and retention of your personal data is subject to the AIA Personal Data Policy (Singapore), to which you agree and accept. AIA reserves the right, at its sole and absolute discretion, to cancel, terminate and/or withdraw the value-added services any time or for any reason without notice.
The insurance plans are underwritten by AIA Singapore Private Limited (Reg. No. 201106386R). All insurance applications are subject to AIA's underwriting and acceptance. This is not a contract of insurance. You are advised to read the policy contract for the precise terms and conditions of the plan.
These policies are protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
The information is correct as at 4 November 2024.