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The average cost of nursing home care in the Denver area is approximately $7,800 per month. Significant life savings can be diminished quickly in paying for nursing home care (aka long-term care). For many people, Medicaid often becomes the only option for paying for long-term care. Medicaid eligibility is based upon financial and medical need. An individual must meet three eligibility requirements to qualify for Medicaid for long-term care: 1) Categorical 2) Income 3) Resour