The 10 Best Home Care Agencies for Seniors in Lakewood, CO for 2025

Residents of Lakewood and other communities in the Denver Metro Area pay an average of $6,769 per month. This is a little less than $2,000 higher than the national average of $4,957 and a little under $400 higher than Colorado’s statewide average of $6,387. Those in Pueblo pay Colorado’s most affordable home care costs at $5,268. Costs rise slightly near the Utah border in Grand Junction to $5,434. Those in Greeley and Fort Collins pay an average of $5,625 and $6,101, respectively. 

Those who need consistent clinical care found in nursing homes pay an average of $8,669. Seniors who need light medical services that can be performed in home settings pay $6,864 for home health care. Residents of assisted living facilities average $5,500 in monthly care costs, while adult day health care is the least expensive care type at a monthly average of $2,275. However, adult day health care services are provided in community settings and are limited to business hours on weekdays. 

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.