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WATCH NOW: Is this right? New federal law drives down health insurance costs in marketplace

MICHAEL MARTZ Richmond Times-Dispatch Kathy Springston wasn’t sure she had heard correctly when Carla Torres-Barrera quoted her a new price for health insurance. Instead of paying almost $440 a month, Springston will pay about $291 a month for the same insurance she has now through the federally run insurance marketplace established under the Affordable Care Act, a savings of $149 a month. “I had to ask her, ‘Is this right?’” she said. By the time she turns 65 and qualifies for Medicare next fall, Springston estimates she will save $745 in insurance premium costs. She plans to invest the money in acupuncture or other ways to address her sciatica condition that aren’t covered by traditional insurance.

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