(a) A request to commute impairment income benefits
must:
(1) be in writing on a form prescribed by the division;
(2) state the date the employee reached maximum medical
improvement, the impairment rating, and the employee's weekly impairment
income benefit;
(3) be sent to the insurance carrier; and
(4) be filed with the division.
(b) The insurance carrier must send a notice of approval
or denial of the request to the employee no later than 14 days after
receiving the request. A notice of approval must include payment of
the commuted impairment income benefits. A notice of denial must include
the insurance carrier's reasons for denial. A copy of the notice must
be filed with the division.
(c) If the insurance carrier denies the request, the
employee may request the division to schedule a benefit review conference
to resolve the issue, as provided by §141.1 of this title (relating
to Form and Execution).
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