"But, like CFR, we don’t know how high the rates are if we have no idea how many people have or had it."
While it's true that the hospitalization / ICU / mortality rates may be lower because we don't know the full number of cases, it still seems to be an immediate and acute problem.
Regardless of the rates, the absolute number of people being hospitalized in Italy was enough over overrun their healthcare system. The same situation looks to be on track in many European countries (Spain, France, UK).
So, the worst-case scenario may be less bad than predicted (let's certainly hope this is the case!), the number of case's we're identifying and having to deal with is still dangerously high.
While it's true that the hospitalization / ICU / mortality rates may be lower because we don't know the full number of cases, it still seems to be an immediate and acute problem.
Regardless of the rates, the absolute number of people being hospitalized in Italy was enough over overrun their healthcare system. The same situation looks to be on track in many European countries (Spain, France, UK).
So, the worst-case scenario may be less bad than predicted (let's certainly hope this is the case!), the number of case's we're identifying and having to deal with is still dangerously high.