NCDs (National Coverage Determinations) and LCDs (Local Coverage Determinations) are. decisions by Medicare and their administrative contractors that provide coverage information. and determine whether services are reasonable and necessary on certain services offered by. participating providers.
A tax (from the Latin taxo) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is usually punishable by law.
Definition of Excise Tax. Noun. A tax on certain things that are made, sold, or used within a country. A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars. Origin . 17th century England. What is Excise Tax. In the United States, excise taxes are levied at the federal, state, and local levels of government.