The chance potion effect overview is a menu where you can view and modify a list of potion effects. If you currently have a single potion effect with the heal effect type, a duration of 1 tick, level of 1, and a chance of 100%, it should look like this:

On the left are the 'Cancel', 'New Effect' and 'Apply' buttons. Additionally, there is a red cross, effect type button, duration edit field, level edit field, and chance edit field for each potion effect currently in the list.