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Except when you buy a starter home, it doesn’t cost $500,000, then catch fire a week later.

Via Politico:

President Barack Obama touted his signature health care law on Thursday as a big, “first step” forward in health reform — likening it to a “starter home.”

“I have always said that for all the good the Affordable Care Act is doing right now, for as big of a step forward as it was, it’s still just a first step,” Obama said while defending his law to a crowd at Miami Dade College. “It’s like buying a starter home. It’s a lot better than not having a home. But over time, you hope you can make some improvements.”

Obamacare has expanded coverage to 20 million Americans and has helped drive the insurance rate to a historic low of 8.6 percent. But the law has raised concerns in recent months as some insurers have pulled out of the marketplaces, causing premiums to spike next year, some in excess of 50 percent in certain states.

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