The Best Home Care Agencies for Seniors in Prescott, AZ for 2025

Monthly home care costs in Prescott are relatively affordable compared to Arizona’s state average, which is higher by about $286. However, Prescott’s costs are slightly higher than the national average of $4,957. Phoenix, Arizona’s capital and the most populous city, has higher monthly home care costs than Prescott by about $905. Prescott’s costs are slightly lower than cities in the far northwest of Arizona, including Lake Havasu City, whose monthly home care costs stand at $5,148. They are also affordable compared to cities in south-central Arizona such as Tucson, whose home care costs average $5,434 per month. 

Senior care options in Prescott include home health care ($5,053), which provides support with light medical activities such as insulin injections and wound care and costs the same as in-home care services. Adult day care services ($1,842), which entail part-time weekday support with daily living activities, cost less than home care service by about $3,211. Assisted living facilities ($4,500) are also lower in cost than home care in Prescott. Nursing homes ($6,547) provide 24-hour supervision and specialty medical care and cost more than in-home care by about $1,494. 

Given the high cost of in-home care, many people use one or more forms of financial assistance to cover the expenses. Below, we explain some of the most common sources of financial help for paying for in-home care. If none of these options are available to you, you can reach out to your Area Agency on Aging or Aging and Disability Resource Center to learn about local resources.

• Long-Term Care Insurance: Long-term care insurance covers expenses related to senior care, including in-home care. Depending on the policy type, beneficiaries may receive a cash payment to use towards long-term care or reimbursement for qualifying long-term care expenses. Note that there are limitations- typically a maximum benefit of $150 per day- and exact coverage terms vary depending on the exact policy, so always check the details.
• Medicare: Medicare does not cover in-home care because it is classified as custodial, or non-medical, care. However, some Medicare Advantage and Medicare Supplement plans, which offer expanded benefits, may cover in-home custodial care.
• Medicaid: Medicaid coverage of in-home care varies between different states because it is not a federally mandated benefit. Currently, all states cover some in-home care either through their standard Medicaid or a waiver program. The specific coverage rules are set individually by each state.
• Veterans’ Benefits: The Aid and Attendance benefit is a monthly cash payment that beneficiaries can use to pay for senior care, including in-home care services. To qualify for A&A, Veterans must already receive the VA pension and meet several additional requirements, including needing assistance with the activities of daily living. Contact the Department of Veterans Affairs to learn more.
• Reverse Mortgages: Home Equity Conversion Mortgages (HECMs) are federally insured loans that are available to homeowners age 62 and over. Reverse mortgages allow you to access a portion of your home’s equity in cash, tax free. Many seniors use reverse mortgages to finance their care expenses, including in-home care. Note that although there are no monthly payments due on reverse mortgage loans, borrowers do have to repay the loan once the last surviving homeowner passes away, moves, or sells the home.