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.
Enacted in 1986, COBRA is a complex law that requires employers to make group health insurance benefits available to all laid-off or voluntarily-terminated employees for at least 18 months from their termination date. Once you leave your job, you can wait up to 60 days before electing to receive COBRA benefits.