Glucose Strips On EBay -- Is It a Bargain or a Trap?

Sep 11
09:17

2008

Steve Bralovich

Steve Bralovich

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Bargain glucose tips are available on EBay for 30 to 70 percent off retail. But don't take risks that may cause real damage to your health by buying blindly. Read this report to understand how to buy safely.

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Glucose testing is a vital part of an effective blood sugar management program for people afflicted with diabetes. Having access to cost effective test strips is an absolute must but even though blood sugar testing devices have been around for over 20 years,Glucose Strips On EBay -- Is It a Bargain or a Trap? Articles the cost of testing strips has not declined very much, if at all.

Why is this so?

By eliminating competitors, four medical companies now dominate about 90 percent of the market which keeps prices high. These firms are in the game to make money and since the markup on test strips is so high (cost of manufacture is typically around 5 cents each, versus 85 cents to one dollar at retail) it represents a windfall profit opportunity.

At the same time, the growing number of diabetics, identified by increased medical screening, is set to generate greater demand for glucose strips in North America which means more people paying inflated prices. This is fine if a patient has medical insurance but if that's not the case it can financially over-burden them and make testing a lot harder to justify. They become torn between the dire need to test and the fiscal need to save money. A diabetic needs to test without much concern for price.

How to lower the cost.

Lowering the cost of glucose testing strips is highly desirable. Some companies have begun to show up in the market that have lowered the cost by around 30 percent to around 60 cents a strip but that still makes testing somewhat expensive.

One method that has proven to lower the cost of my own blood sugar testing supplies is to buy them online on EBay. Glucose test strips are ending up on EBay for a variety of reasons.

Typically, test strips go for at least 50 percent less than retail which can bring your cost down as low as 25 - 30 cents depending on the brand and model of blood sugar monitor you use.

EBay has proven effective for me and many others but since it's an online auction, I urge you to be cautious and do your research on products and buyers before committing to anything. Before buying test strips on EBay there are some things to be wary of in order to buy safely.

I've purchased hundreds of test strips from EBay and have had good experiences so far, so it is possible to do this and not get burned.

But unwary buyers could get more than they bargained for. They could be opening themselves up to eye damage or unnecessary surgery if they don't know how to buy glucose strips safely. Counterfeit strips are also a possibility, so being informed is a good idea.

So go ahead and buy. But before you do, take a few minutes and get solid information before you commit and make a mistake you might regret.