The Best Home Care Agencies for Seniors in Loveland, CO for 2025

Seniors in Loveland pay $6,769 per month for home care according to estimates in the Genworth 2021 Cost of Care Survey. Local rates exceed the state median of $6,387 and are about $1,800 higher than the national average of $4,957. In Fort Collins, care costs are over $600 lower at $6,101. In Colorado Springs and Greeley, respective care costs come in at $5,786 and $5,625, about $1,000 less than in Loveland. In Pueblo, monthly rates are about $1,500 lower at $5,268. 

In Loveland, home care is among the costliest care options at $6,769. Home health care, which is similar but includes skilled nursing services in the individual’s home, has the same monthly rate. However, assisted living provides a comparable scope of services in a residential community setting for $6,275 per month, about $500 less than home care costs, and adult day health care is over $2,000 cheaper at $4,333. Nursing home care is the only costlier option at $12,167. 

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.