didn t get it. it requires insurers to spend 80% of revenue on patient care rather than company overhead. so it was the fed s decision about louisiana, is it fair? louisiana insurance commissioner james donald joins us. good even, sir. tell me exactly, what is it that you wanted? explain the healthcare waiver. it s very complicated, greta, and thank you for inviting us on to show our side, to express our concern about the mlr requirement and how it will affect our market here in louisiana. in louisiana, like many other states, our blue cross has 75% of our individual market. the other companies are the smaller companies that are trying to compete with blue cross, and in my opinion offer the best form of consumer protection and that is an opportunity for consumers to shop and choose, and through competition get a lower cost for