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Amends the Illinois Insurance Code. Provides that a group or individual policy of accident and health insurance or a managed care plan that is amended, delivered, issued, or renewed on or after January 1, 2027 shall provide coverage for all medically necessary diagnostic testing and U.S. Food and Drug Administration-approved treatments or medications prescribed to slow the progression of Alzheimer's disease or another related dementia, in accordance with the U.S. Food and Drug Administration label, as determined by a physician licensed to practice medicine in all its branches. Provides that coverage of U.S. Food and Drug Administration-approved treatments or medications prescribed to slow the progression of Alzheimer's disease or another related dementia shall not be subject to step therapy. Amends the Counties Code, the Illinois Municipal Code, the School Code, the Health Maintenance Organization Act, the Limited Health Service Organization Act, and the Voluntary Health Services Plans Act to require coverage under those provisions. Effective immediately.
Creates the Mental Health Professional Career Scholarship Act. Requires the Illinois Student Assistance Commission to create the Mental Health Professional Career Scholarship Program to award scholarships to Illinois students pursuing a mental health professional career in order to increase diversity rates by recruiting individuals to work in mental health fields in the public sector or mental health jobs that have a high demand for new employees and retain those individuals. Sets forth provisions concerning the selection of recipients, the amount of assistance, applications for assistance, the payment of assistance, administering the scholarship program, and rulemaking.