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Qualifying Life experience

I was terminated from my job in January of 2016. Under the severance agreement, my company would subsidize my insurance premium thru COBRA for six months.

I had coverage with BCBS of Texas.

My subsidy payments ended in July, and of course my premiums thru COBRA are much higher. ( actually doubled) I would like to get out of COBRA and set up my own policy coverage, preferably with BCBS. I am no longer going to be able to afford by coverage thru COBRA, and will possibly have to drop my coverage. Since my subsidy ended in July, would this qualify as a Life Event?

If not are there any other options available?

Blue Cross and Blue Shield of Texas, a Division of Health Care Service Corporation,
a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association

Telligent is an operating division of Verint Americas, Inc., an independent company that provides and hosts an online community platform for blogging and access to social media for Blue Cross and Blue Shield of Texas.

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