For a state governor, the ultimate third-party payer is the federal government.

FORBES: What does Medicaid mean to governors?

But the video also explains that Medicaid reform is good health policy since it creates an opportunity to deal with the third-party payer problem.

FORBES: Block-Granting Medicaid Is a Long-Overdue Way of Restoring Federalism and Promoting Good Fiscal Policy

There are many ways we could have helped the poor secure basic health coverage (e.g. through vouchers) without destroying the entire industry with third-party payer systems.

FORBES: The Road Not Taken: Free Market Health Care