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Peeling Away Healthcare’s Sticker Shock

 This all changed in 1958, when US senator Mike Monroney of Oklahoma shepherded a bill through Congress requiring that official pricing information be glued to the window of every new automobile sold in the US. The “Monroney sticker,” as it came to be known, has been with us ever since. It became an effective means of disclosing the manufacturer’s suggested retail price, or MSRP, and a billboard for other data disclosures to the consumer: the car’s fuel economy, its environmental rating, and so on.
The sticker price was one of the triumphs of consumer-rights legislation and has made buying a car an easier—though never altogether easy—experience.

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