Your initial premium payment must be postmarked within 45 days from the date you sent your election paperwork to TASC. The initial premium includes all payments due between your first day of COBRA and the current month. For example, if your first day of COBRA is in July and you are making your initial premium payment in August, the first payment should include the premiums due for both July and August. Once TASC processes your initial premium payment, your coverage will be reinstated retroactively back to your first day of COBRA. Your right to continue coverage under the plan will end if payment is not made within the required time.