What is the difference between pay-as-you-go and lump-sum settlement options in California workers' compensation?

What is the difference between pay-as-you-go and lump-sum settlement options in California workers' compensation?

• A. Pay-as-you-go involves periodic payments; lump-sum provides a single or structured payment.
• B. Pay-as-you-go is always faster than lump-sum.
• C. Lump-sum cannot be structured.
• D. They are the same.

Answer: (A)