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COBRA will also end with the company's health plan, so it won't be available once the company fully closes down.

Hmm. Does it? That seems to be a loophole that would have been covered when COBRA was enacted -- the insurance company still being in business and able to ensure, with payments coming from the insured (or an administrative third party) rather than the employer.

I don't know, so I'm asking. If I were the OP, I'd double-check this point with respect to their state's laws and regulations as well as Federal law and regulation. (Sounds complicated, but probably has a final, simple answer that the local experts know.)

I was surprised as well, but as COBRA allows you to remain under the company's health plan, that option goes away if the health plan goes away, and the plan goes away when the company stops contributing. When my last employer shut down, we had less then a week to find a replacement -- we were paid up to the end of the month, but that was it.

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