Revises provisions relating to industrial insurance in Nevada.
This bill revises provisions relating to industrial insurance in Nevada. It modifies the calculation of average monthly prevailing wage for injured construction workers, requiring insurers to use the greater of the average monthly wage or the average monthly prevailing wage for compensation. It also revises provisions governing the payment of compensation in a lump sum, including the calculation of the present value of a lump sum and the conditions under which a claimant may elect to receive compensation in a lump sum.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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