Suze Orman flags the Medicare gap retirees are missing

Retirees often underestimate healthcare costs, with average expenses projected at $185,500, excluding long-term care. Medicare excludes routine dental, vision, hearing aids, and custodial care, which can be costly. Part B premiums and cost-sharing have risen, with no annual out-of-pocket cap. Supplemental Medigap insurance is recommended to cover gaps. Early planning and saving, including using health savings accounts, are crucial to manage these expenses.