I don't want to confuse the question with my lack of knowledge. And I'm not sure of all of the details involved in your question. But I do know that the federal pool coverage won't be available until July 1, 2010 and then, you must not have had insurance for 6 months prior to inclusion in the federal pool.
I tried to found more in regard to the Texas pool and HIPPAA, but if I were you just call the number provided and talk to someone with the state who really knows before you cancel your insurance...PLEASE.
According to information from the Texas Health Insurance Pool, "...the Federal Pool will be available only to individuals who have been uninsured throughout the 6-month period prior to their application to the Federal Pool.
"You should determine which risk pool program--state or federal--best serves your needs, based on your individual circumstances. If you have any questions about the State Pool, or the information contained in this Notice, please call our Customer Service Unit at 1.888.398.3927."
http://www.txhealthpool.org/New_Temp...05-03-2010.pdf