Nev. Admin. Code § 616B.767 - Reimbursement in form of lump sum from Account; exceptions; considerations
1. Except as otherwise provided in subsection
2 or by specific statute or regulation, the Administrator will authorize
reimbursement from the Subsequent Injury Account for Private Carriers for the
payment of benefits in the form of a lump sum if:
(a) The applicant meets the requirements of
NRS
616B.587;
(b) The compensation paid was due;
(c) A lump-sum payment is reasonable, in the
best interest of the injured employee and will eliminate any contingent future
liability against the Subsequent Injury Account for Private Carriers;
and
(d) A lump-sum payment:
(1) If the payment is being made for a
permanent partial disability, meets the requirements of
NRS
616C.495; or
(2) If the payment is being made for
vocational rehabilitation services, meets the requirements of
NRS
616C.590 or
616C.595.
2. The Administrator will not authorize
reimbursement from the Subsequent Injury Account for Private Carriers for:
(a) Any payment that is prohibited by
NRS
616C.410; or
(b) A lump-sum payment that was not made to
an injured employee.
3.
In considering whether to authorize reimbursement from the Subsequent Injury
Account for Private Carriers for the payment of benefits in the form of a lump
sum pursuant to this section, the Administrator may consider any information
that he or she deems relevant, including, without limitation, the application
of any statute or regulation.
Notes
NRS 616A.400, 616B.584, 616B.587, 616B.590
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