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. Wells Fargo has been a fantastic partner because they understand the market.
[TITLE CARD: Puneet Chandhok, Managing Director, Head of Healthcare Services, Wells Fargo 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:
Wells Fargo 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
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The Next Horizon
HealthEquity
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