Sec. 409.0232. TIMELINESS OF PAYMENTS. An insurance carrier is considered to have paid benefits in a timely manner if a payment:
(1) is made by electronic funds transfer and is deposited in the employee's account on or before the benefit payment due date;
(2) is made by mail and is mailed in time for the payment to be postmarked on or before the benefit payment due date; or
(3) is to be picked up by the employee and the payment is made available to the employee during regular business hours not later than the opening of business on the benefit payment due date.
Added by Acts 1999, 76th Leg., ch. 690, Sec. 1, eff. June 18, 1999.
Structure Texas Statutes
Title 5 - Workers' Compensation
Subtitle A - Texas Workers' Compensation Act
Chapter 409 - Compensation Procedures
Subchapter B. Payment of Benefits
Section 409.021. Initiation of Benefits; Insurance Carrier's Refusal; Administrative Violation
Section 409.022. Refusal to Pay Benefits; Notice; Administrative Violation
Section 409.023. Payment of Benefits; Administrative Violation
Section 409.0231. Payment by Electronic Funds Transfer
Section 409.0232. Timeliness of Payments
Section 409.024. Termination or Reduction of Benefits; Notice; Administrative Violation