A 'lump sum settlement' in workers' compensation means that:
-
A
The worker receives a single payment that closes out future benefits in exchange for releasing the employer/insurer from ongoing liability
-
B
The insurer pays all medical bills upfront in one payment at the start of the claim
-
C
The employer pays the worker's lost wages as a one-time advance at the time of injury
-
D
A court orders an immediate payment of all past-due benefits owed to the worker