Anthem delivered a better-than-expected third quarter even though a jump in benefit expenses and other costs contributed to an 81 percent drop in the health insurer's net income.

The company discovered the data breach in early 2015 after hackers had been burrowing into its systems for weeks.

The COVID-19 pandemic shut down most of the economy in the second quarter, which meant fewer surgery bills or other big claims. But companies expect at least some of those postponed procedures to take place later this year.

Anthem will provide funding over the next three years to support central Indiana programs, including senior shopping and mobile pantries.

Indianapolis Cultural Trail announced Wednesday that it has received a $1 million grant
from the Anthem Foundation.

Indianapolis-based Anthem beat second quarter expectations and raised its 2019 forecast again, but shares of the health insurer slid after it outlined challenges in its growing Medicaid business.

A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million Anthem customers.

The nation's second-largest health insurer now expects full-year adjusted earnings to exceed $15.60 per share.

The personal information of nearly 79 million people - including names, birthdates, Social Security numbers and medical IDs - was exposed in a cyberattack, discovered in 2015.

The neighborhood hospital or microhospital model offers patients inpatient and emergency care in a smaller, more accessible setting.