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.
The six-month continuation period begins after any federal COBRA extension period ends, or begins immediately if COBRA coverage does not apply. Therefore, if you are eligible and opt for COBRA coverage, you may have a total of 24 months to find new health care coverage.