Section 147.10 - Commutation of Impairment Income Benefits(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).28 Tex. Admin. Code § 147.10
The provisions of this §147.10 adopted to be effective December 16, 1991, 16 TexReg 7018; Amended by Texas Register, Volume 49, Number 27, July 5, 2024, TexReg 4922, eff. 7/8/2024; Amended by Texas Register, Volume 49, Number 41, October 11, 2024, TexReg 8395, eff. 10/17/2024