Robinhood Markets (NASDAQ: HOOD) has launched a new Platinum Card that includes a complimentary annual Function Health membership as one of its flagship benefits, according to a press release from Function Health.

Eligible Robinhood Platinum Card cardholders will receive a complimentary Function membership, valued at $365 per year. The membership includes access to more than 160 lab tests, testing twice per year, clinician-reviewed results, and a single platform to view all data.

The Robinhood Platinum Card is issued by Coastal Community Bank under a Visa license and offered by Robinhood Credit, Inc., a financial technology company. The card is currently rolling out on an invite-only basis.

Jonathan Swerdlin, Co-Founder and CEO of Function, commented on the partnership: "Robinhood has given millions the power to own their finances, something once reserved for the wealthy few. Function has done the same for health. What used to cost thousands at an executive physical is now $365/year, equivalent to $1 per day, or for Platinum cardholders it's free."

Sanjay Kotte, Chief Commercial Officer at Robinhood Money, said: "Shaping your future means more than just investing your money. Bringing Function Health to the Robinhood Platinum Card reflects our belief that managing your health is just as important as managing your wealth."

Function offers lab testing covering areas including the heart, hormones, thyroid, liver, kidneys, heavy metal exposures, nutrient levels, inflammation, and potential cancer signals. Members can also access MRI and CT scans for an additional cost.