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 'Property Tax'. A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land) you own.