Nev. Admin. Code § 616B.Sec. 11-1 - NEW

Current through March 28, 2022

1. Except as otherwise provided in subsection 2 or by specific statute or regulation, the Board may authorize reimbursement from the Account for the payment of benefits in the form of a lump sum if:
(a) The association meets the requirements of NRS 616B.578;
(b) The compensation paid or to be paid was due;
(c) A lump-sum payment is reasonable, is in the best interest of the injured employee and will eliminate any contingent future liability against the Account; and
(d) The 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 Board will not authorize reimbursement from the Account 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 Account for the payment of benefits in the form of a lump sum pursuant to this section, the Board may consider any information that it deems relevant, including, without limitation, the application of any statute or regulation.

Notes

Nev. Admin. Code § 616B.Sec. 11-1
Added to NAC by Div. of Industrial Relations by R026-18A, eff. 2/20/2020
NRS 616B.572, 616B.578

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