The Lifecycle of a Butterfly. Butterflies go through a life cycle. A butterfly has four stages in its life cycle. Each stage is different. Each stage also has a different goal. A butterfly becoming an adult is called metamorphosis. The life cycle process can take a month to year.
By law, you have sixty (60) days to elect to continue coverage under COBRA. The sixty day period starts with the later of the postmark date on the letter from TASC in which you were notified of your right to continue coverage or the date that you lost coverage due to a qualifying event.
You must notify the plan, generally within 60 days, if the reason for COBRA eligibility is because of divorce, legal separation or losing dependent status as a child. The health plan then has 14 days to respond with information about how to elect COBRA, and you and your family have 60 days to decide. Not all of you have to elect COBRA. Even if you waived the option, for instance, your spouse and kids could still elect COBRA, or vice versa.