This is not a scam. And that is not a crime.
That’s the answer to two of the most prominent questions in your mind as you see one sign inviting you to sell a test strip you do not need.
Of course, both answers come with a warning. As you can imagine, there is plenty of room for funny businesses. Fraud comes in many shapes and sizes.
As for criminality, law enforcement tends to regard it as a gray market. The gray market is defined as:
… unofficial goods market not yet obtained from authorized suppliers:
Then again, by that definition, items purchased and sold on services like eBay and Craig’s List are also gray markets.
And while the market may be gray, not entirely unregulated.
Healthline insists that it is not illegal for a company to buy and sell test strips like this. They also said that the business was asked to register with the FDA, but many failed to do so.
Buyers bear the risk of buying from unscrupulous companies. As a seller, there are a few things you can do to make sure the system works for everyone:
Check the Expiration Date Before You Sell the Test Strip
The test strip will eventually expire. That’s why you should check the date, and only sell a safe test strip on that date.
The expiration date is a ticking hour, and may actually be a good reason for you to sell an unused test strip.
Many diabetics do not use all of their supplies in their recipe windows. They may be just diabetes borderline.
Their readings may be great at all times. They may only test once a day, not two or three times. But whatever the reason, they have an extra supply of lying.
Throwing a nice test strip seems a bit irresponsible and wasteful, especially when there are other options. If you know you will not get used to it, sell test strips well before it expires so others can do it.
Keep Test Strips Not Used Properly
Kind of like milk, strip expired test depends on how to keep it. Leave the milk on the table all day, and notice how quickly it expires.
If the test strips are stored improperly, they will also expire long before the expiration date.
The best way to keep it is in a dry climate at room temperature. Never freeze your strips. Also, keep away from humid or humid environments. Keep them out of direct sunlight.
If you plan to sell unused and unopened test strips, keep them properly for optimal longevity.
At the end of the day, there are people who want to buy your surplus test strip. They are serious with the diabetes test but have no insurance. Even through intermediaries, they still save a lot of money from retail prices.
The system is not perfect, but you can play your part by simply selling to reputable businesses, checking expiration dates, and storing surplus inventories correctly. The lives of others may depend on them.