Iowa Medicare PPO Demonstration Act of 2003 - Directs the Secretary of Health and Human Services to allow the receipt and approval of applications for a demonstration project conducted under the Social Security Amendments of 1967 for participation of preferred provider organizations under the Medicare+Choice program under part C of title XVIII of the Social Security Act, with the understanding that the demonstration program could cause Medicare reimbursement in Iowa to rise to a level more in line with the average national Medicare reimbursement rate.
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