Last-Minute Tech Gifts & Health Care’s Crisis of Conscience 12/23/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 December 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Private health insurance companies are in the spotlight, as public frustration with the American health system grows. Wendell Potter was once vice president of Cigna, until the work convinced him to quit the industry completely. In a recent op-ed, Potter highlights the pressure shareholders have placed on public health companies, and where the industry can go from here. Next, The Wall Street Journal’s Joanna Stern shares her top tech gift ideas for last-minute holiday shoppers. On her list are yearly digital subscriptions and paid password managers. Plus, lawmakers avoided a government shutdown, President-elect Trump has new picks for his administration, and the Lion King prequel fell flat during its box office opening weekend. Emily Wilkins - 02:28 Wendell Potter - 14:37 Joanna Stern - 23:45 In this episode: Wendell Potter, @wendellpotter Joanna Stern, @JoannaStern Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music, please.
0:04.3	This is SquawkPod, and I'm CNBC producer Cameron Costa.
0:08.2	On today's episode, former vice president at Cigna Wendell Potter says what he saw working as a health care executive made him quit the industry.
0:19.8	The reason for this anger is because people are finally waking up and realizing they have
0:24.6	a voice here and have figured out how to express their anger.
0:28.6	And a gift guide for the last-minute shoppers among us, it's not too late.
0:33.6	The Wall Street Journal's Joanna Stern has a list of wrecks you can buy and wrap
0:38.0	today. Like an AI subscription?
0:40.9	I'm currently paying for two of them, so if someone would like to get me that gift and
0:44.8	take that off me, I would love that.
0:47.7	Plus, the other headlines you've got to know to start your week. A government shutdown
0:52.2	averted, President-elect Trump announcing new picks for his incoming administration,
0:57.2	and at the box office, not everything was a hit.
1:00.9	I could make a prequel of the Lion King and not screw it up.
1:05.6	It's Monday, December 23rd.
1:07.6	Christmas Eve Eve, I think.
1:09.4	Squawk pod begins right now. Stand and her by in three, two,
1:14.6	one, cue Andrew. Good morning and welcome to Squackbox right here on CNBC on this Monday morning.
1:21.8	We are live from the NASDAQ market site in Times Square. I'm Andrew Ross, so working along with
1:25.3	Joe Kernan. Becky's out today on this big
1:28.0	holiday week. Lawmakers avoided a government shutdown over the weekend. The deal sets a stage
1:33.1	for the agenda for the next Congress. And Emily Wilkins joins us now with more. Emily, good morning.
	...

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