Unfamiliar Realities Behind Booming Resale of Diabetic Test Strips

Have you ever noticed the advertisements on bulletin boards around your town or through online websites claiming to give you cash for unused diabetic test strips or diabetic supplies? It seems that this practice of selling off unused, unexpired diabetic test strips and other diabetic supplies has become a regular business for many people around the world lately. There are many different reasons why someone would want to sell diabetic supplies and just as many reasons why someone would want to purchase them. We will explore both of these avenues.

Who needs these diabetic test strips?

There are thousands of people around the world today that suffer from diabetes. Unfortunately it is a disease that needs constant monitoring in order to keep it under control. Because of this, diabetic supplies are in constant demand and they are not cheap. For many individuals, paying full cost of diabetic supplies is not an option, due to their own personal budget restrictions. While some people do have medical insurance coverage that will help with the cost of diabetic supplies, often it does not completely cover the entire cost, leaving a balance to be paid by the individual. How you would feel about not being able to purchase the medical supplies you need in order to function in your daily life? Many people need to find alternative ways to purchasing their diabetic test strips and other supplies in order to monitor their diabetes properly on a daily basis. Hence, they seek out third party vendors and online suppliers who sell diabetic test strips and supplies at a fraction of the retail cost. This can give them the supplies they need all while staying within their budget.

Who sells these diabetic test strips?

There are many different people who sell diabetic test strips and diabetic supplies to these third party vendors. Family members of diabetics who have recently passed away leaving unused supplies behind are a major source of product for third party vendors. Instead of throwing away perfectly good medical supplies, why not sell them to a third party so that they can pass along the savings to someone who would otherwise not be able to afford them at store cost. Often an individual’s doctor may want to monitor they blood glucose levels for a short period of time to determine if they are indeed diabetic or not. For those people who purchase all their supplies and do not need to continue using them, they can sell them to recuperate some of the cost spent and help out others in the process. Other people may receive diabetic test strips as samples from companies, doctors or medical clinics and they are not compatible with their diabetic testing machines. There are numerous reasons why someone would want to sell off their unused diabetic test strips and supplies.

How can I sell my diabetic test strips?

If you have unused, unopened diabetic test strips that are not expired, you can sell them and bring in cash. There are many different third party vendors that will offer you a variety of amounts for the test strips, depending on what type they are and when they expire. Remember that they have to be unopened or you will not be able to sell them. Be sure to check out a few different third party vendors and ask what they offer for the test strips you have and how the process works. Often you can mail them into the company or have a courier come pick them up from your house, and you will be sent a check, or get your money through other avenues such as PayPal, Western Union or a bank transfer, it’s up to you.

Why is selling diabetic test strips such a big business?

There can be many assumptions made as to why the sale of diabetic test strips and other diabetic supplies are such a booming side business lately. Some people may say that the market has made the demand for it, pricing the supplies way above what the average person can afford, forcing them to take to third party vendors for cheaper supplies. Other individuals may argue that more and more people are being diagnosed as diabetic, causing an influx of demand for supplies on the market, creating the supply and demand for the big pharmaceutical companies who regulate the prices. You may argue that it’s the Internet has made it possible for people to get their diabetic test strips and supplies at cheaper prices easier than ever before.

No matter what the reason, the market is there and many individuals have taken advantage of selling their test strips so that others can benefit from it at a fraction of the retail cost.