Idaho MSA Blog

Our Latest Idaho MSA Blog Posts
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Friday, April 1, 2016

We're excited to announce a brand new addition to our website that will finally let Idahoans get a real-time picture of how much they can actually save by using an Idaho MSA.  In order to really get this point across, we've built a full-blown interactive calculator that allows people to put in their own real numbers relating to numerous areas of their healthcare spending.  These figures are all added together, and the total savings people will realize by simply routing these dollars through an Idaho MSA (as opposed to just paying them out-of-pocket) is displayed at the bottom.  

In most cases, people are finding the savings to be quite dramatic.  A lot of the feedback we're getting is that people don't typically consider all the areas they spend money out-of-pocket on the healthcare costs for themeselves, their spouse and their children.  When you have a tool that allows you to plug all these areas in and really work your way through it, it could be the best 5 minutes you've spent in a long time when you realize how much money you can keep in your pocket.

To see the calculator and all the healthcare expenses we built in, have a look at the screenshot below.  To use the Idaho MSA Calculator yourself just click the link, or click on the image below!

(Click Image to Use Calculator)

Idaho MSA Calculator

Hopefully you've been able to take a few minutes and check out our new calculator!  If your results are like most people's, take a couple more minutes to open an Idaho MSA today and start routing all that money through this account so you can take advantage of the savings!

If you have any feedback on the calculator we'd love to hear that as well.  Are there any areas we missed, or anything you'd like to see added?  Contact our office!  We're always open to suggestions.

Thanks for checking out our blog, and stay tuned for all the latest updates on website features, media and information on the Idaho Medical Savings Account program!

Posted by idahomsa at 4/1/2016 9:44:00 PM
Tuesday, March 15, 2016

Many of you know by now that we have been at the forefront of promoting the Idaho MSA program here locally to people across our beautiful state, but you may or may not know that Idaho Independent Bank also offers Health Savings Accounts (HSAs) as well.  

Because we are not just the Idaho MSA expert but also the HSA expert, we are always being asked...

"What is the difference between an Idaho MSA and an HSA, anyway?"

We completely understand how the nuances between these two can be confusing.  They're very similar and in fact, the Idaho MSA in many ways was modeled after the Federal HSA.  In many instances (like eligible expenses, for example), they actually refer to the same IRS Publication 502 to determine what is allowed, and what is not.

That being said, there are many key similarities and differences we wanted to highlight to help clear up all of this confusion.  We thought one of the best ways to do this (other than writing this blog post!) was to create a nice flyer for all you visual learners out there.  Sometimes all of this "MSA vs. HSA" alphabet soup can get a little confusing.

Take a look at our flyer below and let us know what you think!

(Click Image to Enlarge)

Idaho MSA vs. HSA Comparison

We hope this flyer is a big help, and we're always open to suggestions!  If you have any questions about Idaho MSAs, HSAs, or simply just a suggestion for an flyer or a blog post please don't hesitate to contact our office!  We would love to hear from you.

Lastly, be sure to check out all the other flyers we've done in our Idaho MSA Infographic Library as well.

Thanks for stopping by our blog, and we look forward to working with you to help you and your family maximize your healthcare savings this year!

Posted by idahomsa at 3/15/2016 6:33:00 PM
Tuesday, August 18, 2015

One of the great features to your Idaho MSA is the incredible amount of access and convenience you quite literally have at your fingertips.  How is this, you ask?  Mobile banking!  

With mobile banking, you get 24/7 account access through all your iOS or Android devices like cell phones and tablets.  You can check your balance, view account history, transfer funds, pay bills...you can even deposit checks to your Idaho MSA using mobile deposit!

Take a couple minutes to check out the video below that outlines all the bells and whistles, and you'll be accessing your account from the palm of your hand anytime, day or night!

We hope you enjoyed the tutorial!  Be sure to check out all our other videos at the Idaho MSA Video Library, and let us know if you've got an idea for one as well!  Thanks for watching!

Posted by idahomsa at 8/18/2015 5:47:00 PM
Tuesday, August 11, 2015

Bill Pay is a fantastic free feature that comes with your Idaho MSA.  With Bill Pay, you can pay anyone electronically (either one time or recurring), set up reminders, track your history and so much more.  In order to take advantage of this program, you'll first need to set it up.

In order to make this process as quick and simple as possible, we've got a great video tutorial that goes over all the features and explains how to enroll in the program.  Check out the video below, and let us know what you think!

Posted by idahomsa at 8/11/2015 9:55:00 PM
Friday, March 27, 2015

We recently had the opportunity to publish a story in the Idaho Business Review about the Idaho Medical Savings Account!  They heard about the program and (like so many other Idahoans) had no idea it even existed.  They asked us to write up a brief description about what the Idaho MSA is and how it pertains to local Idaho businesses.  We jumped at the opportunity, and are so grateful for the exposure it has provided us.  

The article ran in the "viewpoints" section that was printed on March 13, 2015.  Unfortunately we can't link directly to the article on the IBR website because you'd need a subscription to log in and read it, but here's the next best thing!  We printed it off, scanned and uploaded it to our SlideShare account so you can check it out.

Give it a read and let us know what you think!

 

 

Posted by idahomsa at 3/27/2015 9:01:00 PM
Wednesday, November 19, 2014

Idaho MSA Video LibrarySometimes you just need to see something to believe it.  Or, perhaps you're one of those "visual learners" that loves to watch something work, as opposed to being told how it works.  At any rate, we've got some great news!  We've launched our Idaho MSA Video Library, which is a collection of some great video tutorials explaining different products and features on your Idaho MSA. 

"How To" topics like online banking, mobile deposit, bill pay, and electronic transfers are all covered.

In the future, we'll be posting educational videos explaining topics about Idaho MSAs like how they work, why they're a benefit and who can have one.

We're always open to suggestions, and we would love the opportunity to provide you with an answer to any question you may have.  Thank you for taking the time to check out our new Idaho MSA Video Library, and for the opportunity to earn your business.

Posted by idahomsa at 11/19/2014 7:14:00 PM
Wednesday, July 30, 2014

Idaho MSA Infographics GalleryWe know the Idaho MSA can be a little confusing at times, with all the insurance and financial vernacular like "deductibles" and "dollar for dollar tax-reduction" and so on...  So in order to give everyone a break and at the same time, make it a little easier to understand for all our visual learners...we thought we'd start building some flyers to help get the points across!  

Sometimes seeing this information in a fun and creative VISUAL way helps to explain it far better than we ever could with a bunch of paragraphs on a webpage, so we got to work building some flyers on topics we knew would help right away.  Things like our "Idaho MSA Quick Reference Guide" that explains what the account is, how it works and even has a visual list of eligible MSA expenses.  We've also already done one for our "Healthcare Discount Program", too.

We'll be showcasing all these visuals we build on our brand new Infographics Gallery page to make them both easy to find and easy to view.  Flip through all the ones we've currently got posted there, and click on them to expand them for easier reading.  Be sure to keep an eye out for the ones we design in the future, which brings me to my last point...we'd love your input!

We're building these visuals to help everyone get a better understanding of the Idaho MSA program, so we want to design them around topics you're interested in.  If you don't understand something or want more information on a particular topic, let us know and we'll draw one up.  

We're looking forward to your feedback, so thank you for checking them out!

Posted by idahomsa at 7/30/2014 7:00:00 PM
Thursday, July 17, 2014

Have you ever wondered what you can spend all those hard-earned Idaho MSA dollars on?  Wonder no more!  We now have our Eligible Idaho MSA Expenses page up and running, and it makes it easier than ever for you to figure out what products and services are coveredwith those tax-free dollars.

To make it as simple as possible for you, we took the GIGANTIC list of common medical expenses that are eligible and put them in alphabetical order by the letter they start with.  So "contacts" under "C" and "glasses" under "G".

This is not a complete and comprehensive list, this is simply a quick resource for you to locate common medical products and services that are considered eligible.  For the full list of items, please refer to IRS Publication 502.

That's it for the eligible expenses update, but if you have any questions about what you can or can't spend money on, or the Idaho MSA in general...please don't hesitate to contact our office.  We love to help and we look forward to hearing from you.  Have a wonderful day!

Posted by idahomsa at 7/17/2014 9:19:00 PM
Monday, April 21, 2014

Welcome to Idaho MSAAfter a long building process and an inordinate amount of research, we've finally launched our brand new website!  

All of us at Idaho Independent Bank are so excited to make this committment to bring Idahoans what we're referring to as "Idaho's Premier Medical Savings Account", and we finally get to announce the launch of our new website to prove it!

Even though Idaho MSAs have been around for a quite some time, not many Idahoans have one and almost nobody knows about them.  On top of that, we know the Idaho MSA topic can be a little dry and sometimes gets complicated.  So with all that in mind...our goal was to make this website as consumer-friendly as we possibly could.  

We wanted to create a website full of free resources, where people could come and quickly and easily understand what an Idaho MSA was and how it would help their business or their family.  We'll be producing short and sweet videos, infographics, powerpoints and webinars.  

We're working hard to get this website up to speed, and we're trying to consider all the angles and information we can to make this site the best resource it can be for everyone.  But the most important thing we need...is your opinions!  

You are the consumer, the person that the site was intended for, so if you don't see something you need, let us know!  If you don't like the way something looks, or it's hard to find information on a topic, let us know!  ...Of course, you can always let us know what you like about the site, too :)  But seriously, YOU are who we have in mind with every decision we've made, and YOU are who we can't wait to hear from.  

Thank you so much for stopping by, and we look forward to the opportunity to serve you as an Idaho MSA account holder!

Posted by idahomsa at 4/21/2014 11:42:00 PM
 Tags: msa idaho msa feedback
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