Utah Admin. Code R602-6-4 - Procedure
A. Parties
interested in a present or potential workers' compensation claim, whether or
not an application for hearing has been filed, may submit their settlement
agreement to the Commission for review and approval. The Commission may
delegate its authority to review and approve such agreements.
B. Each settlement agreement shall be in
writing, executed by each party and such party's attorney, if any, and shall
include a proposed order for Commission approval of the agreement.
C. Each settlement agreement shall set forth
the nature of the claim being settled and what claims are in dispute, if
any.
D. Each settlement agreement
shall contain a statement that each party understands that the agreement is
permanent, binding and constitutes full and final settlement of any right the
claimant may otherwise have to future benefits, including medical benefits. The
Commission may establish an approved form for complying with the foregoing
disclosure requirement.
E.
Attorney's fees shall be allowed as provided by Rule
R602-2-4.
Each settlement agreement shall describe the amount to be paid to claimant's
counsel as attorney's fees and costs, the manner in which such amounts are
computed and the method of payment thereof.
F. The settlement agreement may provide for
payment of benefits through insurance contract or by other third parties if the
Commission determines:
a) such payment
provisions are secure, and
b) such
payment provisions do not relieve the parties of their underlying liability for
payments required by the agreement.
G. Upon receipt of a proposed settlement
agreement meeting the requirements of this rule, the Commission shall review
such proposed agreement.
H. As
needed, the Commission may contact the parties and others to obtain further
information about the proposed settlement.
I. If the Commission determines that a
proposed settlement agreement conforms with this rule, the Commission shall
approve such agreement and notify the parties in writing.
J. If the Commission determines that a
proposed settlement agreement does not comply with this rule, the Commission
shall notify the parties in writing of its reasons for rejecting the proposed
agreement.
K. The Commission shall
retain a record of its action on all settlement agreements submitted to it for
approval.
Notes
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