To ensure /storage/core on the VC doesn't get filled up and proper workaround and resolution is provided to resolve this issue.
Rebooting vCenter and VxRail ESXi Hosts made no difference.
Analyzing the core file using debug-vc-core shows references to VsanCloudHealthJsonUtil.py
VMware vCenter Server 7.0.x
VMware vSAN 7.0.x
This is caused due to stack overflow caused by VmodlToJsonForPhoneHome.
This issue is resolved in vSphere vCenter Server 7.0 U1 and later builds.
If further assistance needed or any questions around this, please contact Broadcom Support.