u/gimpydaddy

I'm playing around on the Illinois Health Exchange site, trying to understand premiums for gold, bronze, and premium plans. I'm assuming a MAGI of $84,000 a year for three people because my son is still in college so he's a tax dependent. And the three gold plans for Blue Cross Blue Shield are less than $10 a month with the tax credit? That seems crazy to me. What am I doing wrong? I know I have to be very careful with the MAGI and if I go a dollar over I'm screwed but this seems too cheap. I'm trying to put together the data to see if I can retire this year or not and if this healthcare can be made affordable. Even under $500 a month I can pull this off but this looks crazy! I am 61 and my wife is 58 so we need a bridge until Medicare.