STATE PROFILE • Last updated: April 23, 2026
Colorado Elder Care & Medicaid
Colorado's Health First Colorado offers robust Home and Community-Based Services waivers for seniors, though strict income and asset limits often necessitate Miller Trusts for eligibility.
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RANKED #30
GRADE C
FEATURED
Medicaid Coverage Guide for Colorado
Full breakdown of HCBS Elderly, Blind & Disabled Waiver for seniors: waiver programs, nursing home eligibility, income and asset limits, spend-down rules, and how to apply.
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Program
HCBS Elderly, Blind & Disabled Waiver
Income cap
$2,982/mo
Medically-needy
Yes
Elder Care Index Report Card
5-pillar composite scoring vs other states
C
Grade
AFFORDABILITY
STRONG
QUALITY
MODERATE
STAFFING
CRITICAL
ACCESS
CRITICAL
MEDICAID SUPPORT
STRONG
Composite score: 49.3 / 100
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Colorado At a Glance
Nursing Home Facilities
210
Senior Medicaid Waivers
1
National Rank
#30 / 51
Senior Care Costs in Colorado
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Assisted Living
$4,750/mo
+3.5% vs national avg
local_hospital
Nursing Home
$10,339/mo
-6.3% vs national avg
- 210 nursing homes · 19,755 beds
- Avg CMS rating 3.15★ (50 rated 5★, 29 rated 1★)
- 3.7 nurse hrs/resident/day (0.83 RN)
Source: CMS Nursing Home Compare
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Memory Care
$5,938/mo
+3.5% vs national avg
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Home Health Aide
$31/hr
+14.8% vs national avg
- Median aide wage $17.99/hr
- ~40,190 aides employed statewide
Source: BLS OEWS