In opening remarks (video above) at his year-end press conference, President Obama announced that one million Americans have enrolled in ObamaCare. “Since October 1st, more than one million Americans have selected new health insurance plans through the federal and state marketplaces. So all told, millions of Americans, despite the problems with the website, are now poised to be covered by quality affordable health insurance come New Years Day.”

The president also touted strides in the economy, citing that the unemployment rate has steadily fallen to its lowest point in five years.

Later, NBC News' Chuck Todd quizzed the president on the changes that have been made so far to the Affordable Care Act, including the newest one announced last night.

"This new waiver last night. You could argue you might as well have just delayed the [individual] mandate," said Todd.

Obama disputed that, saying the new exemption only applies to a small segment of the population. He went on to say that the main idea of the law is working, and 85% of the population "whether they know it or not" have been benefiting for the last two years.

"The basic structure of that law is working, despite all the problems. Despite the website problems, despite the messaging problems, despite all that, it's working," he said.

Watch the exchange below: