Of the hormonal methods of contraception, the pill has the highest effectiveness rate.

This statement is partially correct. The oral contraceptive pill, commonly referred to as "the pill," is indeed one of the most effective hormonal methods of contraception when used correctly. Its effectiveness rate is around 91% with typical use, meaning that about 9 out of 100 women will get pregnant each year if they rely on the pill as their only form of contraception.

However, it's important to note that there are other hormonal methods of contraception, such as hormonal IUDs (intrauterine devices), implants, and the patch, which may also have comparable or even slightly higher effectiveness rates. For example, hormonal IUDs can have a failure rate of less than 1%.

In summary, while the pill is very effective, it's not the sole method with the highest effectiveness rate among hormonal contraceptives. Users should consider factors such as personal health, convenience, and lifestyle when choosing a contraceptive method. Consulting a healthcare provider can also help in making an informed decision.