True or False: To satisfy the Minimum Participation Rate (MPR), 70% of employees offered SHOP plans must enroll or have coverage from another source.

The statement is accurate because the Minimum Participation Rate (MPR) is a requirement that applies to Small Business Health Options Program (SHOP) plans. Specifically, it mandates that at least 70% of the employees offered these plans must either enroll in the coverage or demonstrate that they have alternative coverage. This requirement ensures that a significant portion of employees is taking advantage of the health insurance options available through their employers, which helps in spreading risk among a larger pool of insured individuals and maintaining sustainability within the insurance model.

The other options do not reflect the accurate MPR standard established for SHOP plans, as they either provide incorrect participation percentages, misinterpret the applicability of the MPR to different group sizes, or understate the enrollment requirement. Understanding this requirement is crucial for employers to maintain compliance and for employees to ensure they have access to health insurance coverage.