Dr. Peter Bach
Dr. Peter Bach is the Director of the Center for Health Policy and Outcomes at Memorial Sloan-Kettering Cancer Center and a paid consultant for pharmaceutical companies and the health insurance industry.
“Drug price watchdog”
Dr. Bach is frequently quoted in the media about drug pricing issues and often targets drugs for being “too expensive.” In 2012, for example, Dr. Bach penned an op-ed for the New York Times to attack the price of the then-new cancer drug Zaltrap, yet he disclosed he was working for Genentech, which makes a competing drug, Avastin. This conflict of interest was criticized in April 2016 in the Huffington Post. 
Robert Goldberg of the Center for Medicine in the Public Interest has called Bach the “Donald Trump of health care policy…a master of enchanting his followers with outrageous statements that scapegoat easy targets and unfairly attack them for acts of greed that you are actually guilty of committing.”
In another op-ed Bach wrote for the Washington Post in 2015, the footnote listed numerous sources of funding for his work from the industry, including:
- Association of Community Cancer Centers
- America’s Health Insurance Plans
- AIM Specialty Health
- American College of Chest Physicians
- American Society of Clinical Oncology
- Defined Health
- Goldman Sachs
- McKinsey and Company
- MPM Capital
- National Comprehensive Cancer Network
- Biotechnology Industry Organization
- American Journal of Managed Care
- Boston Consulting Group
- Anthem Inc.
Relationship with the Arnold Foundation
In February 2016, Bach received a grant to lead an initiative called the “Evidence Driven Drug Pricing Project” for $4.7 million from the Arnold Foundation</ref> for public employees. Since receiving the grant, ICER has more than doubled its staff., a Houston-based group funded by former Enron trader John Arnold. The foundation has been widely criticized for its attempts to “gut retirement security”  for public employees.
According to Jordan Marks, executive director of the AFL-CIO backed National Public Pension Coalition, non-profits that took money from the Arnold Foundation have “rented their credibility to a right-wing ideologue…”  The Foundation tactically exploits public policy areas with “big opportunities for any funder that does move aggressively into this niche.”
Relationship with the Institute for Clinical and Economic Review (ICER)
ICER is best known for its drug assessment reports, which set their own “value-based” prices for newly approved prescription drugs entering the market. It provides a new perspective on drug pricing, but it also provides cover for payers to exclude prescription medications from formularies or implement burdensome prior-authorizations in order to effectively prevent patients from accessing new, and often expensive, medicines.
In September 2015, ICER released an initial report strongly criticizing the pricing of new drugs that treat high-cholesterol. A month later, Express Scripts, whose decisions affect tens of millions of patients, required that both available PCSK9 drugs “be subject to extensive prior authorization and step therapy.” This move kept costs low and revenues (more than $100 billion in 2015) high for the company, which “rejected most prescriptions for the drugs.”
- New York Times, In Cancer, Cost Matters, Peter B. Bach, Leonard B. Saltz, Robert E. Wittes, accessed April 20, 2016.
- Huffington Post, The Insurance Companies’ Latest Target: Specialty Drugs, Paul Alexander, accessed April 20, 2016.
- DrugWonks.com, Peter Bach's Latest Article is a Trump-like Waste of Time, Robert Goldberg, accessed April 20, 2016.
- Washington Post, Why the U.S. should pay Irish drug prices if Pfizer wants to pay Irish tax rates, Peter Bach, accessed April 20, 2016.
- DocDollars,Has Your Doctor Received Drug Company Money? - Peter Bach, ProPublica, accessed April 20, 2016.
- ArnoldFoundation.org, Laura and John Arnold Foundation announces $7.2 million in grants to address the rising cost of pharmaceutical drugs, accessed April 20, 2016.
- The Truth About John Arnold, accessed April 20, 2016.
- Wall Street Journal, Nonprofits Caught in Pension Crossfire Between Foundation, Unions, accessed April 20, 2016.
- InsidePhilanthropy.com, Niche Control: How This Funder Dominates the Pension Reform Debate, accessed April 20, 2016.
- ICER-Review.org, CER Awards, About Page, accessed April 20, 2016.
- Express Scripts: About
- Drugchannels.net, The Power of Formulary Non-Exclusion: Express Scripts Adds PCSK9 drugs, accessed April 20, 2016.
- Fiercepharma.com, Express Scripts: Strict prior-auth moves keep a tight lid on PCSK9 sales, accessed April 20, 2016.