Vectren Corporationbenefits

Vectren Corporation's benefits plans covered 1,356 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $126,077. Insurance brokers and agents were paid $54,067 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.9% of premiums. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.