What happens if my EmployER sells the business?
Does the NEW owner have to cover my COBRA?
Simply put, the answer is YES, even if it’s just a sale of assets. See details and examples in the Code of Federal Regulations § 54.4980B-9 (pdf) with our markup and annotations.
Check out HIPAA when COBRA expires and please note that if COBRA and/or Cal COBRA is not available or ends early, a letter from the Employer is required, as COBRA must be exhausted to get HIPAA as shown in the Blue Shield HIPAA Package Page 21
Don’t pick up COBRA (pdf)