The helium atom confined by a spherical parabolic potential well is studied employing the adiabatic hyperspherical approach method. Total energies of the ground and three low-excited states are obtained as a function of the confined potential radii. We find that the energies of a spherical parabolic potential well are in good agreement with those of an impenetrable spherical box for the larger confined potential radius. We find also that the confinement may cause accidental degeneracies between levels with different low-excited states and the inversion of the energy values. The results for the three-dimensional spherical potential well and the two-dimensional disc-like potential well are compared with each other. We find that the energy difference between states in a two-dimensional parabolic potential is also obviously larger than the corresponding levels for a spherical parabolic potential.