VEGAS INC Magazine - Latest Las Vegas business news, features and commentaries about gaming, tourism, real estate and more
Issue link: https://www.ifoldsflip.com/i/144913
In business health care Nevadans will be held to law's insurance requirement By Cy Ryan staff writer CARSON CITY — The decision by President Barack Obama to delay a key part of the Affordable Care Act is not expected to have a big impact on Nevada, a state official said. Jon Hager, director of the Silver State Health Insurance Exchange, said in- dividuals will still have to purchase health care insurance starting in January. If they don't, there will be a tax penalty imposed. The Obama administration announced this month that employers with 50 or more workers would not have to purchase health coverage for employ- ees until 2015, a delay of one year. Hager said workers in these firms must still purchase health coverage for themselves and their families. He expects 115,000 Nevadans will use the Silver State Exchange to find insurance companies that offer coverage. Individuals can buy the health coverage without going through the exchange, which will offer a comparison of benefits. Hager said the exchange has contracted with eight companies to supply workers who will answer questions and help individuals understand the insurance packages available. energy Mandalay Bay plans to build giant rooftop solar array By Andrew Doughman staff writer MGM Resorts International announced this month that it intends to blanket the rooftop of one of its Strip properties with tens of thousands of solar panels. The solar array atop Mandalay Bay Resort's convention center would be the country's second-largest rooftop solar project if completed on schedule in early 2014, said representatives from MGM. The 6.2 megawatt installation originates from a partnership with independent power producer NRG Energy. A solar array of that size could provide power to about 1,000 homes. Executives at Mandalay Bay expect that it will provide up to 20 percent of the resort's energy needs when the sun is shining its brightest. U.S. Sen. Harry Reid, D-Nev., and Secretary Sally Jewell of the U.S. Department of Interior attended the press conference and praised the development. Reid predicted that the resort's announcement will be a precursor to a commercial trend for businesses and homeowners alike as rooftop solar generation becomes more affordable. "What's happening here at Mandalay Bay is certainly a wave that's going to take place in the future," he said. In contrast to scuttled renewable energy projects that haven't been able to find customers to purchase the power, this development atop the resort's convention center will have a guaranteed buyer: MGM Resorts International. Jewell said the solar array's installation atop the convention center should help the resort attract more convention-related business. 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