Pedaling A Healthy Initiative:
Humana Brings Freewheelin Bike Sharing Effort to
U.S.
Cities
Nationwide Program to Support Personal and Environmental Health
Effort Kicks Off With 1,000-Bike Donation For Both Republican and Democratic National
Conventions
LOUISVILLE, Ky.
— May
15, 2008 —Humana Inc. (NYSE: HUM) today announced that it is implementing – or better
yet, pedaling – a new national initiative that capitalizes on an emerging global
municipal trend promising to improve the health of residents and the environment.
The program, which will debut in major
U.S.
cities, corporations and universities, is as simple as
riding a bike.
Freewheelin, Humana’s new bike-sharing program with the
not-for-profit organization Bikes Belong, is a nationwide effort to supply individuals
with easy and free access to bicycles, providing them with an environmentally friendly
alternative to automobiles, while at the same time encouraging them to take steps
to keep physically fit.
“As a health benefits company,
we are honored to have a role in introducing Americans to bike- sharing, a concept
which has long been popular overseas and has proven that individuals can easily
integrate healthy living and environmental conservation into their lives,” said
Jonathon Lord, M.D., Humana’s chief innovation officer. “The potential for this
program is tremendous, as it provides answers to some of the most difficult public
health problems facing our nation – how to improve personal and environmental health
while at the same time reducing costs.
In addition to helping your health and the environment,
bike sharing can help your wallet as well, especially in a time of rising gas prices.”
Freewheeling
Kick Off
Today’s news comes on the heels of recent announcements
in Minneapolis/St. Paul and
Denver
that these cities will be among the first in the country
to implement the Freewheelin program.
To celebrate the launch of this multi-pronged initiative,
Humana and Bikes Belong will bring nearly 1,000 bikes to
Denver
during the Democratic National Convention in August, and
to the Twin Cities during the Republican National Convention in September.
The bikes can be used free of charge by anyone looking
for an alternative to automobiles while the convention is in town.
The
Twin
Cities
and
Denver
join a small group of progressive cities establishing bike-sharing
programs in the
United
States
.
Seventy of the 1,000 bikes and the check out kiosks
will remain after each convention and donated to both Minneapolis/St. Paul and
Denver
by Humana, as part of an ongoing program to support carbon
emission reduction and healthy active lifestyles. The program will also
establish a lasting legacy and a start to a permanent bike sharing system in these
cities.
Building a Legacy
The legacy program will feature Freewheelin bike racks
set up at various points around the cities, each housing a collection of the program’s
proprietary bikes, which are equipped with trip computers. A solar powered kiosk,
through which participants can “check out” a bike to use for things such as riding
to work or doing errands, or simply taking a leisurely spin, will accompany each
bike rack.
Once users are finished, they simply return the bike to
any Freewheelin rack in their respective city. Participants can register
for the program on the Freewheelin website, and use the site to automatically track
their mileage, their personal carbon offset and other health information. Riders
simply use a credit card or a Freewheelin key fob to check the bike out at no charge
during the conventions.
Humana piloted the Freewheelin program in
Louisville, Ky.
, in 2008 by installing Freewheelin bikes and racks for
use by employees free of charge.
More than 2,500 employees registered for the program.
Based on the success of the pilot, Humana is expanding the program to other cities,
as well as college and corporate campuses across the country. Bike-sharing is a
popular alternative used in various European cities including
Paris
and
Amsterdam
to encourage “green” and congestion-free transportation.
“This is an exceptional opportunity to show how well bicycling
works for short trips in big cities,” said Tim Blumenthal, Executive Director of
Bikes Belong.
“Considering that 41 percent of all trips in automobiles
are two miles or less, bikes are an ideal alternative.”
About Humana
Humana Inc., headquartered in
Louisville, Kentucky
, is one of the nation’s largest publicly traded health
and supplemental benefits companies, with approximately 11.4 million medical members.
Humana is a full-service benefits
solutions company, offering a wide array of health and supplementary benefit plans
for employer groups, government programs and individuals.
Over its 47-year history,
Humana has consistently seized opportunities to meet changing customer needs. Today,
the company is a leader in consumer engagement, providing guidance that leads to
lower costs and a better health plan experience throughout its diversified customer
portfolio.
More information regarding Humana is available to
investors via the Investor Relations page of the company’s web site at http://www.humana.com, including copies of:
·
Annual reports to stockholders
·
Securities and Exchange Commission filings
·
Most recent investor conference presentations
·
Quarterly earnings news releases
·
Replays of most recent earnings release conference
calls
·
Calendar of events (includes upcoming earnings
conference call dates and times, as well as planned interaction with research analysts
and institutional investors)
·
Corporate Governance Information
About Bikes Belong
Bikes Belong is the U.S. bicycling organization dedicated to putting more people
on bicycles more often. Bikes Belong Coalition works to maximize federal bike funding,
awards grants to support innovative bike projects, promotes bicycling and its benefits,
and sponsors key national initiatives such as the National Bike Summit and Bicycle
Friendly Communities. The affiliated Bikes Belong Foundation focuses on improving
bicycle safety and enhancing children's bike programs.
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