July 20 (Reuters) – Interactive fitness equipment maker Peloton Interactive Inc (PTON.O) said on Tuesday it would provide UnitedHealth Group’s (UNH.N) millions of fully insured members access to its workout classes for a year at no additional cost.
The members of the U.S. health insurer can enroll with Peloton starting Sept. 1.
Nearly 4 million of the insurer’s members can access thousands of Peloton’s live and on-demand fitness classes for strength, yoga, outdoor running, indoor cycling, walking and meditation.
At the end of a year, participants can renew the membership at the market rate directly through Peloton, it said.
Shares of Peloton were up 5% in early trade.
Reporting by Shreyasee Raj in Bengaluru; Editing by Shinjini Ganguli
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