The Best Home Care Agencies for Seniors in Castle Rock, CO for 2025

According to the Genworth 2021 Cost of Care Survey, the average monthly price of in-home care in Castle Rock is $6,769. This is 5.9% higher than the Colorado average and 36.5% higher than the national average. Castle Rock’s prices are also high compared to nearby cities. At $5,268 per month, Pueblo is one of the more affordable cities for in-home care. Castle Rock’s costs are 20.3% higher than Greeley’s and 17.3% higher than those in Colorado Springs. Prices in Fort Collins are closer to Castle Rock's, averaging $6,101 monthly.

Home care is just one choice available to seniors looking for assistance as they age. Adult day health care is the most affordable at $2,275 and is available during business hours. Seniors who prefer personal care services in a residential setting can expect to pay less than home care, at $5,500 for assisted living. As home health care provides medical services by licensed professionals, its cost of $6,864 is slightly higher than the cost of home care. The high level of care provided in nursing homes means it has the highest cost at $8,669.

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 to pay 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 nonmedical 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 services 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 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 tax-free portion of your home's equity in cash. 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 have to repay the loan once the last surviving homeowner passes away, moves, or sells the home.