Within how many days must insurers pay a PPD award granted by a Notice of Closure (NOC)?

The correct timeframe for insurers to pay a Permanent Partial Disability (PPD) award granted by a Notice of Closure (NOC) is 30 days. This period is critical as it ensures that injured workers receive timely compensation after their claim has been finalized and the NOC has been issued. The regulation mandates that upon issuance of the NOC, insurers are expected to process and pay the awarded benefits within this specific timeframe to avoid any delays that could negatively impact the worker's financial situation. Thus, the emphasis on a 30-day window promotes efficiency and accountability within the claims process. Understanding this timeline is essential for claims adjusters to ensure compliance with regulations and to effectively manage claims processing.