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After a workers' comp claim is filed and processed, an injured or sick employee can be paid if the employer and insurance carrier agrees the injuries or illness is work-related. Claims can be disputed if an employer does not believe the injury or illness was caused by their work.
What Is A Notice Of Compensation Payable? A Notice of Compensation Payable (NCP), is an acknowledgment letter indicating that a workers' compensation claim has been accepted, by the employer and the insurance company; and the payout of compensation benefits are to begin.
Under Delaware Workers' Compensation system, you are entitled to a range of benefits from medical benefits to death benefits payable to your survivors. Medical Benefits: Your employer or your employer's insurance provider will pay for all necessary medical treatment for your injury or occupational disease.
The amount you will receive is a percentage of your wages at the date of injury. In many states, the percentage is 66 2/3%. Some states include in your wages the amount your employer contributes to your employee benefits.Time loss compensation benefits are paid on a periodic basis usually twice per month.
There are two ways a workers comp claim can be settled: as a lump-sum or structured settlement.In a structured settlement agreement, the employee will receive payments over an agreed period of time.