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UPDATE 1-Peloton to offer free workout classes to UnitedHealth's members for a year

(Adds partnership details, shares)

July 20 (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)

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