What are regular payments made to provide ongoing benefits referred to as?

Regular payments made to provide ongoing benefits are referred to as periodic payments in structured settlements. These payments are typically part of a workers' compensation claim and are designed to offer financial support to an injured worker over a period of time, covering lost wages and ongoing medical needs. Structured settlements help ensure that the injured party receives a stable income as they recover, which can be crucial in managing their day-to-day expenses and financial responsibilities after a workplace injury.

This type of payment system is particularly important because it allows for predictability in benefit distribution and can be tailored to an individual's needs. For example, payments may be scheduled monthly to help maintain a consistent cash flow, allowing the injured individual to budget effectively over time.

In contrast, the other options do not correctly describe ongoing benefits. Compensation for medical expenses refers specifically to reimbursements for medical treatment rather than ongoing financial support. Employer subsidies typically relate to additional support provided by employers, which does not align with structured settlements. Reimbursement for travel expenses pertains to covering transportation costs associated with medical appointments and does not provide the ongoing income benefit intended in the context of workers' compensation.