Guadalupe Valley Electric Cooperative (Gvec)benefits

Guadalupe Valley Electric Cooperative (Gvec)'s benefits plans covered 388 active participants in 2024, providing health · dental · vision · long-term disability. Insurance brokers and agents were paid $3,287 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 31% from $4,744 in 2023.