: It is generally legal to sell over-the-counter (OTC) test strips, but selling strips paid for by government programs like Medicare or Medicaid is illegal and considered insurance fraud.
: For buyers, there is a risk of receiving improperly stored strips (exposed to heat or humidity), which can lead to inaccurate blood sugar readings.
: By purchasing through these secondary markets, uninsured individuals can often find supplies at significantly lower prices than retail pharmacy rates. Important Risks and Considerations
: Because test strips are expensive, selling surplus boxes can provide immediate funds for other medical costs or living expenses.
: If a patient switches to a new glucose monitor or a Continuous Glucose Monitor (CGM), their old stock of strips becomes obsolete. Why Do People Buy Them?
The phrase usually refers to a specific secondary market where individuals or companies purchase unused, unexpired diabetic supplies from people who have an excess supply. Why Do People Sell Their Test Strips?