Section 616B.767 - Reimbursement in form of lump sum from Account; exceptions; considerations1. 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.Nev. Admin. Code § 616B.767
Added to NAC by Div. of Industrial Relations by R132-14, eff. 6/28/2016NRS 616A.400, 616B.584, 616B.587, 616B.590