For the millions of uninsured diabetics in America, buying diabetic test strips can be a costly endeavor. Even for those with insurance, out-of-pocket expenses for this necessary medical supply can add up quickly. So it’s not surprising that an online market for buying and selling unused single-use test strips has sprung up in recent years.
If you have a box of unused diabetic test strips sitting in your medicine cabinet, you may be wondering what to do with them. You could throw them away and feel guilty about all the wasted money, or you could try to sell them online and make a little cash. Believe it or not, it is legal to sell your unused test strips and there is an entire marketplace for it! In this blog post, we will discuss where to sell them and how much you can expect to make.
How Diabetic Test Strip Resale Works?
On this marketplace, sellers offer boxes of unopened test strips in exchange for cash. Buyers purchase these boxes and use them to monitor their own blood glucose levels without having to pay full price at the pharmacy.
The supplies that can be bought and sold on this marketplace include Accu-Chek, Freestyle Lite, Contour Next EZ, One Touch Ultra Blue, Prodigy Auto Code and many On this marketplace, sellers offer boxes of unopened test strips in exchange for cash. Buyers purchase these boxes and use them to monitor their own blood glucose levels without a prescription from the pharmacy or doctor’s office.
We have to mention that this market is not something new since it is present for decades. The strips were introduced during the 50s. Since that time, a lot of people are looking for alternative ways to save some money, and this resale option is perfect. Different issues and concerns are leading to this interesting phenomenon.
First of all, the prices you need to pay for new strips are quite high. The cost of one box of strips with 100 units is around $100. Also, there is the issue related to the large portion of US citizens who are diagnosed with type 1 or type 2 diabetes.
What You Need to Get Started?
If you want to sell your test strips, the first thing you’ll need is a bill of sale from the pharmacy where you purchased them. This will include information such as the date purchased and the total amount paid for the box of test strips.
You will also need a current photo of your test strips. This can be taken with any digital camera or smartphone and should include the UPC code on the box as well as any other identifying information such as manufacturer name and model number.
Last but not least, you will need contact info including an email address where potential buyers can reach out to purchase this item from you. Once you have this, it’s time to find a buyer.
After that, you should research the market and find the best place where you can sell your strips easily and for more money. The great thing is that a lot of people today are using websites and social platforms so you can easily connect with buyers.
Where to Sell Your Test Strips?
There are many websites dedicated specifically to buying and selling diabetic test strips. The best place in Florida to get cash now for test strips is through https://cashnowforteststrips.com/.
Once you get a quote from this site, you can expect to get paid within 48 hours or less. This is because once you schedule a pickup time, the company will pay you cash on the spot. This means no waiting for checks in the mail or paying fees to have them mailed out!
Also, you don’t need to worry about the legality of this process since the law related to medical drug is only applicable for products that requires the prescription. Therefore, the reason why you should look for more popular chains where you can sell this product is only because it will be easier.
What Factors Affect Test Strip Value?
There are a few factors that can affect how much you will get paid for your test strips. The most important factor is whether they are unopened or unexpired. Most buyers are only interested in unopened and unexpired boxes of test strips.
Another factor that can affect the price is the brand and model of the strip. Some brands are more popular and in-demand than others, so they will sell at a higher price.
If you are looking to sell your diabetic test strips, it is always best to shop around and compare prices. The more time you spend researching the best deal, the more money you will make on your sale.
In conclusion, there are many ways to sell unused diabetic test strips, and getting started is easier than you might think. By following the advice in this blog post, you can get cash now for your unused test strips and put that money towards something more important.
Issues Related To Resale Market
We can notice that many experts are worried because this market is getting so popular in recent years. There are many reasons to be worried because it can affect the prices and even lead many people into danger since the resale market cannot be properly controlled.
It all started as an honest thing, where those patients who had extra stripes decided not to throw them away or keep unused to simply offer them to people who are not able to get them through official sources, or they don’t have the right insurance that will cover at least part of the expenses.
The biggest issue is that a lot of people might be using this as a solution to make a profit. It is related to people with good medical insurance who manages to get test strips for a much lower price. Even though they don’t have diabetes, they would decide to get it as a way to test their blood. The issue is that the real reason is to sell the stripes on the resale market.
This problem is affecting the prices as well. Since stripes suddenly became so popular, value of one box is now much higher as well. An even bigger concern is related to the movement of prices in the future if this trend continues. Since it is difficult to control the resale, or there is no way to make it illegal, officials should pay more attention to institutions that are providing the strips to patients and be sure that only people with diabetes are getting them. It will affect the resale market to become more honest as well.
The main advantage is for people who don’t have enough money to buy the whole box, or their coverage is not high enough for getting a treatment in hospitals. For these people, resale market is the only way to keep controlling the condition of sugar level and secure the right medication.