True or False: To satisfy the Minimum Participation Rate (MPR) eligibility requirements, 70% of employees offered SHOP plans must enroll.

The statement highlights a key requirement for the Small Business Health Options Program (SHOP) concerning the Minimum Participation Rate (MPR). To qualify for SHOP plans, it is essential that at least 70% of the employees offered these plans must enroll in order to meet the MPR eligibility requirements. This ensures that the health insurance pool is viable and that the costs associated with the insurance can be kept manageable.

Achieving a high enrollment rate is crucial because it enhances the risk pool, making it more sustainable for the insurer and beneficial for the enrollees. A low participation can lead to higher premiums and could jeopardize the program's effectiveness. Therefore, the correct answer accurately reflects the MPR requirement in relation to SHOP plans.