Peloton to offer free workout classes to UnitedHealth's members for a year
Reuters
Published Jul 20, 2021 09:34AM ET
Updated Jul 20, 2021 09:56AM ET
(Reuters) - Interactive fitness equipment maker Peloton Interactive (NASDAQ:PTON) Inc said on Tuesday it would provide UnitedHealth Group (NYSE:UNH)'s 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.
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Written By: Reuters
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