In order to model the blood flow through an artery in presence of catheter, we considered a steady, laminar, incompressible, Poiseuille flow of a Herschel-Bulkley fluid between two horizontal parallel elastic walls. The power law index ( ) and yield stress ( ) are the two parameters of the Herschel - Bulkley fluid. By giving different values for the above mentioned parameters, we get the Newtonian, Bingham and Power-law fluids as special cases. The exact solutions for the flow quantities such as velocity, plug flow velocity and flux are derived. The flux is determined as a function of inlet, outlet, external pressures and the elastic property of the channel. The effect of elastic parameters on flux variation is analyzed. Further when and our results qualitatively agree with those of Rubinow and Keller [2]. In addition, velocity of the Herschel- Bulkley fluid flow is expressed in terms of elastic parameters.