Diabetic test strips are a critical part of monitoring, managing, and controlling diabetes. As anyone with diabetes can attest, the strips can be extremely expensive. There are multiple reasons why individuals may not need the strips that they have. The following are the top reasons why people sell their diabetic test strips.
- To make quick, extra money
- Have more than they need
- Changed brands of glucose meters
- Bought strips that can’t be used with their meter
- Family member passed away and they’re no longer needed
- Reduce waste in landfills
- To help others
It’s important for people to understand that it’s completely legal to sell test strips, provided the devices weren’t paid for by Medicare or Medicaid. An increasing number of people are purchasing their essential test strips from companies that buy them from individuals that can’t use them or don’t need them.
All the medications and equipment required to address diabetes are expensive. A study conducted by the National Institutes for Health (NIH) in 2012 showed that diabetic test strips accounted for approximately ¼ of the total yearly pharmacy costs for people with diabetes. Depending on the brand, diabetic test strips can cost $1 or more per strip.
Another problem that many individuals encounter is that their test strips won’t be compatible if they change the brand of meter they’re using. There’s no single standard for test strips and each manufacturer designs their strips to only work with their specific brand of products.
By far the most common reason that people sell their test strips is to generate some additional income. It’s legal to sell any test strips bought over-the-counter. Each company that purchases test strips have specific standards to which the strips must adhere to be eligible for purchase. This ensures that those buying the strips have access to accurate and reliable readings.
If you would like to find out about earning cash for your unwanted, unused and boxed test strips, complete our online quote form today.
If you have extra, unopened and unused boxes of diabetic test strips – whether you have switched brands, no longer need to test or test less frequently, or have a loved one who has passed away – don’t let them gather dust until they’ve expired and end up in the trash. We’re the best place to sell diabetic test strips online, and if you want to sell your test strips, we’re here to make the process easy and enjoyable!
Visit us at Sell Your Test Strips and get your free quote today!
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