I was let go in September but found a new job. My new health insurance doesn’t start until December, so I have been paying COBRA to continue my Sears coverage during the interim. What happens to the Sears plan when they file bankruptcy? Do I need to research insurance through the exchange for just a month?
1 reply
If it's chapter 7, then the plan gets killed. Hopefully, they will have staved it off with DIP financing to get them through Christmas. Congratulations on landing!