It depends what you end up with. Group medical is one of the things in scope. But where the answer is a modest employer contribution toward supplemental benefits, that is not major medical: $50 a month does not buy major medical, and nobody here will tell you it does.
What the money can do
A set amount per person, per month — say $50 to $100 — put toward a menu each employee can pick from. Telehealth and mental health, an accident plan, critical illness, hospital indemnity. The credit follows the person, not a package nobody uses.
“$50 a month does not buy comprehensive major medical, but it can offer peace of mind and give you something true to say when you hire.”
The business gets a number it set. Something to say when hiring that beats “nothing yet.” And a different sentence about the company, if the people on the floor actually feel it.
What it cannot do
It cannot replace major medical. It cannot promise a tax result. It cannot be quoted off a webpage. Amounts, availability and terms vary by carrier, group and state, and are confirmed in a review.
This is an illustration, not a quote or an offer of coverage. Ask your CPA about tax treatment. Nothing here is tax, legal or accounting advice.