(a) On approval by the commissioner of a written request received from an employee,
an insurance carrier shall accelerate the payment of impairment income benefits to
the employee. The accelerated payment may not exceed a rate of payment equal to that of the employee's
net preinjury wage.
(b) The commissioner shall approve the request and order the acceleration of the benefits
if the commissioner determines that the acceleration is:
(1) required to relieve hardship; and
(2) in the overall best interest of the employee.
(c) The duration of the impairment income benefits to which the employee is entitled
shall be reduced to offset the increased payments caused by the acceleration taking
into consideration the discount for present payment computed at the rate provided
under Section 401.023.
(d) The commissioner may prescribe forms necessary to implement this section.
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