Same, here in California I just tried it. Account > (big button at top) Cancel Membership > Finish Cancellation. That's about as perfect as I'd want it. I don't want a cancel button on my main screen and I do want a confirm field when I make destructive actions.

Finish Cancellation button is highlighted in Blue and obvious default. Below that is a "downgrade plan" option. There is also a note above Finish Cancellation that says "If you resubscribe within 10 months, your profile and watched shows will remain" or something like that.