The "We Buy Test Strips" phenomenon refers to a booming underground economy where individuals buy and sell unused diabetic testing supplies for cash. This marketplace is fueled by a stark divide between insured patients who accumulate extra supplies and uninsured or underinsured patients who cannot afford high retail pharmacy prices. Why the Market Exists
: Sellers often use the cash to pay for other medical bills or living expenses, while buyers look for discounts of up to 80% compared to retail prices. How the Industry Operates The Murky World Of Secondhand Diabetic Test Strips - NPR
: Many insured patients receive more supplies than they use due to automated deliveries or changes in their treatment (like switching to a continuous glucose monitor).
: Without insurance, a single box of name-brand test strips can cost as much as $80 for just a five-day supply.
The "We Buy Test Strips" phenomenon refers to a booming underground economy where individuals buy and sell unused diabetic testing supplies for cash. This marketplace is fueled by a stark divide between insured patients who accumulate extra supplies and uninsured or underinsured patients who cannot afford high retail pharmacy prices. Why the Market Exists
: Sellers often use the cash to pay for other medical bills or living expenses, while buyers look for discounts of up to 80% compared to retail prices. How the Industry Operates The Murky World Of Secondhand Diabetic Test Strips - NPR
: Many insured patients receive more supplies than they use due to automated deliveries or changes in their treatment (like switching to a continuous glucose monitor).
: Without insurance, a single box of name-brand test strips can cost as much as $80 for just a five-day supply.