I don’t see why the Hosta’s would not grow back, even if you were to cut them back now. Since we are in about the same zone, I think that it would be OK if you cut them back, but make sure not to completely cover them. They may continue to grow throughout the spring and summer, and I never trim them at the first frost, I never even put much over them at the first frost, now my roses that’s a whole other story.
You might try mixing a liquid pepper concoction to spray near the Hosta’s to keep the pesky rabbits away, if not B.B. or pellet guns work wonders, and you can always can the meat. 
C.P.Rogerson
Kwajalein Atoll, Republic Marshall Islands
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