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Guidant Recall Lawyers - Replacement Cost
Guidant Recall Lawyers
24 hour hot-line

(800) 486-4450 

Vernon J. Petri
Attorney At Law

 2124 East Hanna Ave.
Indianapolis, Indiana
46227-3314
(317) 780-6610
Fax: (317) 780-6620

VJPetri@Petrilaw.com

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The recall of a medical device isn't quite as simple as, say, pulling tainted beef or suspect drugs off store shelves. There's the gritty little matter of who pays for taking the device out of the patient and putting a new one in.

Guidant, which recalled or issued alerts for about 50,000 devices in the past month, has offered to provide a replacement device for free and reimburse the patient for up to $2,500 in uncovered out-of-pocket expenses. While that is a significant offer, considering the ICDs run $20,000 to $25,000 each, it still leaves someone picking up the tab for doctors' fees and hospital charges, which average $23,000.
...more
 

Recalls, defects jolt health-care costs

As for surgical costs, Guidant would not comment, but a Chicago doctor said the company has indicated it will pay patients up to $2,500 in unreimbursed costs. ... more

Guidant recalls more than 40,000 implanted defibrillators.

Guidant said it would replace the devices, which can cost $25,000, at no charge if the patient and physician decide it's necessary. The company did not say whether it would pay any of the surgical costs, which can run between $8,000 and $14,000 if performed on an outpatient basis.  ...more

Patients Call Doctors After Guidant Recall

Nervous Patients Call Doctors to Have Potentially Faulty Guidant Heart Devices Checked Out

Stock analysts predicted the recall could cost Guidant up to $400 million. The Guidant devices cost between $20,000 to $35,000.   ...more