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The Canada Health Act, passed in 1984, defines five principles for health care in Canada: universality, comprehensiveness, accessibility, portability, and public administration. Which statement below illustrates that the nurse is aware of one of two provisions also created with the Canada Health Act?
Annuity
A series of equal payments at regular intervals.
Semi-Annual Payments
Payments made twice a year, often used in the context of loans, bonds, or other financial instruments.
Perpetuity
An annuity that pays a constant sum to an individual indefinitely, often used as a theoretical model in finance.
Semi-annually
A term used to describe something that occurs or is done twice a year.
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