Piggy banks with calculator and stethoscope Americans signing up for health insurance during the special enrollment period saw an average savings of 40% on their monthly premiums. (Photo: Shutterstock)

One of the top priorities of the Biden administration upon taking office was reopening ACA markets and giving more opportunities to enroll in a health insurance plan–at an affordable price. According to new data from the CMS, the effort is paying off, with more than 1.5 million Americans signing up for health insurance during the special enrollment period with an average savings of 40% on their monthly premiums.

Related: COVID-19 expected to have minimal cost impact on insurers participating in ACA markets

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Emily Payne

Emily Payne is the current deputy editor for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.

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