Medicare covers hospitals. Long-term care insurance covers nursing homes. Nothing covers the in-home care that actually keeps people out of facilities. careho.me is being built to close that gap — launching 2027, subject to regulatory approval.
Join the waitlist — it's freeThe median cost of assisted living reached $70,800 per year in 2024 (Genworth/CareScout Cost of Care Survey). Most of that care could happen at home for a fraction of the cost — with the right support structure.
Medicare pays for hospital stays and short-term skilled nursing. Long-term care insurance pays for facilities. Neither pays for the companion care, fall prevention, and daily support that let people stay home for years longer.
careho.me is designed to cover exactly that middle ground. It does not exist yet — we are building the care model first, then building the insurance product around the outcomes data it produces.
Set the level of care needed and see how the two paths compare over a decade. This is the gap careho.me is built to cover — and the math is usually clearer than families expect.
How much care is needed?
Daily help with bathing, meds, mobility
Assisted living
$870,005
over 10 years
At home with co-op.care
$539,864
over 10 years
Cumulative cost by year
$330,141 saved
staying home over 10 years at this level of care — money that stays in the family instead of going to a facility.
What the spreadsheet leaves out
Modeled estimate, for illustration only. Assisted living anchored to a ~$70,800/yr national median (Genworth/CareScout 2024); in-home care at $33/hr plus a $708/yr membership and a one-time $4,000 in modifications; both inflated 4.5%/yr. Your actual costs depend on location, care needs, and the carrier's underwriting. careho.me is a pre-launch concept — not yet available for purchase.
These are the real out-of-pocket costs families cover with no insurance backstop.
| Service | Medicare | LTC insurance | Typical annual cost |
|---|---|---|---|
| Companion care (non-medical) | Not covered | Rarely covered | $19,200 – $37,440 |
| Grab bars, ramps, home mods | Not covered | Not covered | $800 – $5,000 (one-time) |
| Respite care for family caregivers | Hospice only | Limited, short-term | $150 – $280 per day |
| Medication management at home | Pharmacy, not help taking it | Not covered | $2,400 – $6,000 |
| Hospital-to-home transition (90 days) | 20 days skilled nursing only | Not covered | $12,000 – $24,000 |
Sources: Genworth Cost of Care Survey 2024; CMS Medicare coverage guidelines; AARP Public Policy Institute.
Benefits built around home care realities — not facility reimbursement models.
Pays for companion care, personal care aides, and skilled nursing at home — the services Medicare does not cover.
Covers smart home safety installations, grab bars, ramp installation, and environmental modifications before a fall happens.
Access to a worker-owned caregiver network. Coverage follows the care, not the setting.
Remote monitoring equipment, medication management, and care coordination for chronic conditions managed at home.
Paid relief for family caregivers. Up to 30 days per year. Burnout is the number one reason people leave home care.
Hospital-to-home transition support. Covers the 90 days after discharge when readmission risk is highest.
co-op.care is building its worker-owned care operation in Boulder, CO. Physician-supervised care plans, caregivers with equity, families served at home. The outcomes it produces are the data needed to underwrite an insurance product.
We are a care company, not an insurer. We will license our care model and outcomes data to a carrier partner. careho.me will be the product experience — the underwriting will be institutional and fully licensed.
State-by-state regulatory approval, starting in Colorado. Waitlist members get first access, locked pricing, and input on benefit design before we file.
We are not selling anything yet. Waitlist members get first access when we launch, founding-member pricing, and input on benefit design.
No spam. No sales calls. We will email you when we are ready to launch.
Regulatory disclaimer: careho.me is a pre-launch insurance product concept under development. No insurance products are currently available for purchase or enrollment. All described benefits are subject to state regulatory approval prior to offering. Insurance products are regulated by state insurance departments and must be approved before sale. Joining this waitlist does not create a contract, coverage, or any insurance obligation. co-op.care Technologies LLC is not a licensed insurance company. Any future insurance product will be underwritten by a licensed insurance carrier. The 2027 launch timeline is an estimate and is contingent on successful regulatory filings and carrier partnerships.