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# Health-Equity: Championing Employee Healthcare Access

## HealthEquity: Championing Employee Healthcare Access

Steve Neeleman, Founder and Vice Chairman

Transcript:

Steve Neeleman:
Healthcare is expensive in the United States. About 40% of American families say that they avoid care because they can't afford it. Question is, is how can we help people be healthier?

[TITLE CARD: Championing Employee Healthcare Access]

Steve Neeleman:
At HealthEquity, our mission is...

[TITLE CARD: Steve Neeleman, Founder & Vice Chairman, HealthEquity]

Steve Neeleman:
...to save and improve lives by empowering healthcare consumers. We work with employers to help their people understand their benefits. And we help them accumulate money tax-free into a health savings account. And that money will keep them from feeling that terrible feeling of, “I don't have enough money to go see a doctor.” So many Americans need our services. We've got to keep growing. WF has been a fantastic partner because they understand the market.

[TITLE CARD: Puneet Chandhok, Managing Director, Head of Healthcare Services, WF Corporate & Investment Banking]

Puneet Chandhok:
Healthcare costs are increasing 15% percent every year, and employers cannot just continuously support that long-term trajectory. HealthEquity provides the employer with an ability to lower their healthcare expenses while helping their employees become better stewards of healthcare dollars.

Steve Neeleman:
WF helped us in our IPO. And we knew that by doing that we could take our solution to more Americans.

Puneet Chandhok:
Our goal is to help our clients think about opportunities to grow their businesses for the next decade. We provided HealthEquity with $2 billion in bridge financing to take this company public, we’ve financed their largest acquisitions and we provide strategic advisory work. We’re helping them serve over 15 million Americans.

Steve Neeleman:
We're going to keep expanding so we can help more families. We were one of the founding members of the National HOPE Alliance to support the HOPE Act, a bipartisan bill in Congress. We believe it can help millions and millions more Americans to have a health savings account.

Puneet Chandhok:
It is the fundamental way we are going to help bend the cost curve.

Steve Neeleman:
An ounce of prevention is worth a pound of cure.

Close with music

Sponsored by WF Corporate & Investment Banking
The Next Horizon
HealthEquity
bloomberg.com/thenexthorizon
WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2025 WF & Company.

Over the past two decades, HealthEquity has grown from a small startup to a team of over 3,000, working with more than 100,000 employers across the US to help their employees build up savings for healthcare expenses. Now, the company is working to help more Americans through its support of the HOPE Act—a bipartisan bill in Congress that HealthEquity believes could allow millions more families to have a health savings account and receive more preventive care, while bending the cost curve for employers paying into their health plans.

### Empowering Healthcare Consumers

Transcript:

Steve Neeleman:
At HealthEquity, our mission is to save...

[TITLE CARD: Steve Neeleman, Founder & Vice Chairman, HealthEquity]

Steve Neeleman:
...and improve lives by empowering healthcare consumers. We work with employers to help their people understand their benefits. And we help them accumulate money tax-free into a health savings account. WF has been a fantastic partner because they understand the market. That’s really been the jet fuel of our business. We are supporting the HOPE Act, a bipartisan bill in Congress so more families have access to a health savings account. An ounce of prevention is worth a pound of cure.

Close with music

Sponsored by WF Corporate & Investment Banking
The Next Horizon
HealthEquity
bloomberg.com/thenexthorizon
WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2025 WF & Company.

Steve Neeleman, Founder and Vice Chairman

### Growing Businesses for the Next Decade

Transcript:

Puneet Chandhok:
At WF, our goal is to help our clients think about opportunities to grow their businesses for the next decade. WF...
[TITLE CARD: Puneet Chandhok, Managing Director, Head of Healthcare Services, WF Corporate & Investment Banking]

Puneet Chandhok:
...has helped HealthEquity throughout that journey from a $60 million revenue company to a billion-plus-dollar revenue company. From an IPO to its largest acquisitions. We provide strategic advisory work, and we’re helping them serve over 15 million Americans.

Close with music

Sponsored by WF Corporate & Investment Banking
The Next Horizon
HealthEquity
bloomberg.com/thenexthorizon
WF Corporate & Investment Banking (CIB) and WF Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of WF & Company and its subsidiaries, including but not limited to WF Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, WF Prime Services, LLC, member of FINRA, NFA and SIPC, and WF Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. WF Securities, LLC and WF Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2025 WF & Company.

Puneet Chandhok, Managing Director, Head of Healthcare Services; WF Corporate & Investment Banking

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