Diabetes testing strips are an essential tool for those living with diabetes, as they allow for the monitoring and tracking of blood sugar levels. Unfortunately, the costs of these test strips can be quite high, and many are looking to save money by buying or selling unused test strips. In June 2017, Robertson stole 10 boxes of diabetic test strips from the pharmacy's inventory and arranged online to meet McAllister and sell them for cash. This has brought attention to the issue of buying and selling test strips for money.
While it is legal to resell unused test strips for blood glucose, there are potential dangers and risks associated with buying and selling test strips. It is important to be aware of these risks and to understand the laws and regulations surrounding the sale of test strips. There are also a few tips to keep in mind that can help you save money on diabetes test strips and blood glucose meters.
It is important to understand that there are different types of test strips, and some are designed for specific blood glucose meters. Therefore, it is important to make sure that you are purchasing the right type of test strip for your meter. Additionally, it is important to make sure that the test strips that you are buying are not expired. Expired strips may not be accurate, and could potentially put your health at risk.
Many companies offer discounts and coupons for diabetes test strips and blood glucose meters. It is important to take the time to shop around and compare prices to make sure that you are getting the best deal. Additionally, some companies offer free samples of test strips, which can be a great way to save money.
Another way to save money on diabetes test strips and blood glucose meters is to buy them in bulk. Buying in bulk often offers a discounted rate, and can be a great way to save money in the long run. Additionally, many stores offer price match guarantees, so it is important to take advantage of these offers whenever possible.
Additionally, there are a few companies that specialize in purchasing and reselling unused test strips. Spillman's business model includes purchasing diabetic test strips from private persons – allegedly paying out cash for each strip. While it may be tempting to take advantage of these offers, it is important to remember that these companies may not always pay the full retail price for the strips.
Furthermore, there is an underground market for diabetes test strips, as some individuals are willing to pay cash for these strips. While this may be an easy way to make a quick buck, it is important to remember that these transactions are risk and may not be legal. Additionally, the quality of the test strips that are sold in this manner is often questionable, and could potentially put your health at risk.
Finally, there are a few companies that are working to develop new technologies that could help reduce the cost of diabetes testing strips. For example, the company Emperra has developed a system that forgoes the use of test strips and is cleaned with each flush. This system is said to be cheaper and easier to use than traditional test strips, and would add $35 million in cash to support its ongoing operations.
There are a few ways to save money on diabetes test strips and blood glucose meters. It is important to understand the laws and regulations surrounding the sale of test strips, as well as the potential risks associated with buying and selling test strips. Additionally, it is important to shop around and take advantage of coupons and discounts when possible. Finally, there are a few companies that are working to develop new technologies that could help reduce the cost of diabetes testing strips.
With the rise of companies that offer to pay cash for unused diabetes test strips, the Better Business Bureau has issued a warning about a Chicago company that promises to pay cash for unused diabetes test strips. It is important to do your research and be aware of the potential risks associated with buying and selling test strips for cash. Additionally, it is important to consider the quality of the test strips that you are buying and make sure that they are not expired.
In conclusion, there are a few ways to save money on diabetes test strips and blood glucose meters. It is important to understand the laws and regulations surrounding the sale of test strips, as well as the potential risks associated with buying and selling test strips. Additionally, it is important to shop around and take advantage of coupons and discounts when possible. Finally, it is important to be aware of companies that offer to pay cash for unused diabetes test strips and make sure that you are doing your research before engaging in any transactions.
