(Reuters) - Interactive fitness equipment maker Peloton Interactive Inc said on Tuesday it would provide UnitedHealth Group'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.
(Reporting by Shreyasee Raj in Bengaluru; Editing by Shinjini Ganguli)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: