____________________ Refers to the Ability to Understand Health Information and Use

question 57

Short Answer

____________________ refers to the ability to understand health information and use it to make good decisions about health and medical care.

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Definitions:

Salary Contribution

The portion of an individual's salary that is allocated to various types of benefits or investment plans, such as a retirement fund.

403b Plan

A tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, and self-employed ministers in the United States.

Annual Return

The percentage change in an investment's value over a one-year period, including any dividends or interest payments.

Nominal Rate of Return

The rate of return on an investment without adjusting for inflation.